FISCAL NOTE
Date Requested: January 22, 2026
Time Requested: 09:36 AM |
| Agency: |
County Commissioners' Association of West Virginia |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 1691 |
Introduced |
HB4625 |
|
|---|
| CBD Subject: |
Taxation |
|---|
|
FUND(S):
County Government
Sources of Revenue:
General Fund
Legislation creates:
Decreases Existing Revenue
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
This legislation would decrease the amount of money going into the county general revenue fund with a decrease in transfer tax of real property and would vary from county to county.
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 |
21,000 |
21,000 |
21,000 |
| 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 |
0 |
0 |
0 |
Explanation of above estimates (including long-range effect):
This would be a decrease in county general revenue budgets. The estimate is based on 2 sample counties. The decrease would vary from county to county depending on the number of transfers of real property.
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.
Person submitting Fiscal Note: Nancy Butcher
Email Address: nancy@ccawv.org