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.