FISCAL NOTE
Date Requested: February 23, 2021 Time Requested: 12:30 PM |
Agency: |
Tax & Revenue Department, WV State |
CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
2197 |
Introduced |
HB2656 |
|
CBD Subject: |
|
---|
|
FUND(S):
General Revenue Fund, local governments
Sources of Revenue:
General Fund local property tax revenue
Legislation creates:
Decreases Existing Revenue, Increases Existing Expenses
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The stated purpose of this bill is to exempt from personal property taxation vehicles of active trained volunteer firefighters.
The revenue impact of this proposal cannot be determined. We have no data on the type and value of vehicles owned by volunteer firefighters.
Additional administrative costs would be minimal.
Fiscal Note Detail
Effect of Proposal |
Fiscal Year |
2021 Increase/Decrease (use"-") |
2022 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 |
0 |
0 |
0 |
Explanation of above estimates (including long-range effect):
The revenue impact of this proposal cannot be determined. We have no data on the type and value of vehicles owned by volunteer firefighters.
Additional administrative costs would be minimal.
Memorandum
The stated purpose of this bill is to exempt from personal property taxation vehicles of active trained volunteer firefighters.
Article X, Section 1 of the W. Va. Constitution requires taxation to be equal and uniform throughout the State, property to be taxed in proportion to its value, and no one species of property be taxed higher than any other species of property of equal value. The proposed bill may be in violation of this section because some motor vehicles would be exempt from taxation based on ownership.
In addition, the bill does not define “volunteer firefighter” or specify what constitutes required training or active participation in the volunteer fire department’s activities.
Person submitting Fiscal Note: Mark Muchow
Email Address: kerri.r.petry@wv.gov