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Introduced Version - Originating in Committee Senate Concurrent Resolution 62 History

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Key: Green = existing Code. Red = new code to be enacted

SENATE CONCURRENT RESOLUTION NO. 62

(By Senators Helmick, McCabe, Bowman, Chafin, Edgell,

D. Facemire, Fanning, Green, Plymale, Prezioso, White,

Unger, Wells, Boley, K. Facemyer, Guills and Sypolt)

[Originating in the Committee on Finance]


Requesting the Joint Committee on Government and Finance study the tax structure, including payments in lieu of taxes, in the State of West Virginia, including a comparison of all tax relief for corporations, whether situated within the state or not, against tax relief for individuals at this time of economic recession.

Whereas, Nearly all of the state's general revenue budget comes from taxes collected; and
Whereas, West Virginia, like the rest the nation, is experiencing budget shortfalls; and
Whereas, In this time of economic recession, individuals and businesses alike are finding it more difficult to meet the tax burdens imposed upon them; and
Whereas, It is critical to assess the burden of taxes by the State of West Virginia upon its citizens as compared to the economic impact that any reduction in tax revenue would have on our economic prosperity and security; therefore, be it
Resolved by the Legislature of West Virginia:
That the Joint Committee on Government and Finance is hereby requested to study the tax structure, including payments in lieu of taxes, in the State of West Virginia, including a comparison of all tax relief for corporations, whether situated within the state or not, against tax relief for individuals at this time of economic recession; and, be it
Further Resolved, That the Joint Committee on Government and Finance report to the regular session of the Legislature, 2010, on its findings, conclusions and recommendations, together with drafts of any legislation necessary to effectuate its recommendations; and, be it
Further Resolved, That the expenses necessary to conduct this study, to prepare a report and to draft necessary legislation be paid from legislative appropriations to the Joint Committee on Government and Finance.
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