FISCAL NOTE
Date Requested: February 16, 2026
Time Requested: 03:43 PM |
| Agency: |
Tax & Revenue Department, WV State |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 2792 |
Comm. Sub. |
SB400 |
|
|---|
| CBD Subject: |
Governor -- Bills Requested By |
|---|
|
FUND(S):
General Revenue Fund
Sources of Revenue:
General Fund
Legislation creates:
Increases Existing Expenses
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The stated purpose of the original bill is to update the meaning of federal adjusted gross income and certain other terms used in the West Virginia Personal Income Tax Act, and specify effective dates.
Per our interpretation, the bill amends W.Va. Code section §11-21-9 by updating effective dates and adds subsection (g). Subsection (g) allows the West Virginia “additional modification reducing federal adjusted gross income related to gaming and gambling losses” to disconnect from federal law and taxpayers claiming the modification to receive the modification which they would have received if the federal law had not been amended.
According to our interpretation, there would be no impact on General Revenue Fund collections. The decreasing modification for gaming and gambling losses will remain the same. All tax changes were incorporated in the Official Revenue Estimate for FY2027.
Additional administrative costs incurred by the State Tax Division will be $5,500 in FY2027.
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 |
5,500 |
0 |
| Personal Services |
0 |
0 |
0 |
| Current Expenses |
0 |
0 |
0 |
| Repairs and Alterations |
0 |
0 |
0 |
| Assets |
0 |
0 |
0 |
| Other |
0 |
5,500 |
0 |
| 2. Estimated Total Revenues |
0 |
0 |
0 |
Explanation of above estimates (including long-range effect):
Per our interpretation, the bill amends W.Va. Code section §11-21-9 by updating effective dates and adds subsection (g). Subsection (g) allows the West Virginia “additional modification reducing federal adjusted gross income related to gaming and gambling losses” to disconnect from federal law and taxpayers claiming the modification to receive the modification which they would have received if the federal law had not been amended.
According to our interpretation, there would be no impact on General Revenue Fund collections. The decreasing modification for gaming and gambling losses will remain the same. All tax changes were incorporated in the Official Revenue Estimate for FY2027.
.
Additional administrative costs incurred by the State Tax Division will be $5,500 in FY2027.
Memorandum
Person submitting Fiscal Note: Peter Shirley
Email Address: RADfiscal@wv.gov