FISCAL NOTE
Date Requested: January 19, 2026
Time Requested: 03:17 PM |
| Agency: |
Lottery Commission, WV |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1336 |
Introduced |
HB4397 |
|
|---|
| CBD Subject: |
Taxation |
|---|
|
FUND(S):
WV Interactive Wagering Fund
Sources of Revenue:
Special Fund
Legislation creates:
Increases Revenue From Existing Sources
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
Summarize in a clear and concise manner what impact this measure will have on costs and revenues of state government.
W. Va. Code ยง29-22E-16(a) establishes the rate of assessment ("privilege tax") that the state shall impose and collect from the licensee's adjusted gross interactive wagering receipts from the operation of West Virginia Lottery interactive wagering. This rate is currently at 15%. SB4397 seeks to increase the privilege tax on interactive wagering from 15% to 25%.
Based on Lottery Projections, HB 4397 will increase state revenue from interactive wagering in FY2026 (April 1st-June30th) by $4,696,312.50 and in FY2027 by $21,458,250.00.
HB 4397 will have no impact on the costs to state government.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2026
Increase/Decrease
(use"-") |
2027
Increase/Decrease
(use"-") |
Fiscal Year
(Upon Full
Implementation) |
| 1. Estmated Total Cost |
0 |
0 |
0 |
| Personal Services |
0 |
0 |
0 |
| Current Expenses |
0 |
0 |
0 |
| Repairs and Alterations |
0 |
0 |
0 |
| Assets |
0 |
0 |
0 |
| Other |
0 |
0 |
0 |
| 2. Estimated Total Revenues |
4,696,312 |
21,458,250 |
0 |
Explanation of above estimates (including long-range effect):
Please explain increases and decreases in personal services, current expenses, repairs and alterations, assets, other costs and revenues, including assumptions and data sources and delineation between start-up and ongoing costs. Please also include a long-range schedule of costs and revenues if fiscal impact is expected to vary in future years.
HB4397 will have no fiscal impact on the costs of state government.
Based on Lottery Projections, HB4397 will increase state revenue from interactive wagering in FY2026 (April 1st-June 30th) by $4,696,312.50 and in FY2027 by $21,458,250.00
Memorandum
Please identify any areas of vagueness, technical defects, reasons a bill would not have a fiscal impact, and/or any special issues not captured elsewhere on this form.
None.
Person submitting Fiscal Note: June Somerville
Email Address: jsomerville@wvlottery.com