Date Requested:March 04, 2005
Time Requested:01:51 PM
Agency: Development Office
CBD Number: Version: Bill Number: Resolution Number:
2005R1180 Intro HB2873
CBD Subject: Grant Recipients Provide Healthcare
Sources of Revenue
General Fund
Legislation creates:
Neither Program nor Fund

Fiscal Note Summary

Effect this measure will have on costs and revenues of state government.

    The purpose of this bill is to require companies provide health care benefits to their employees in order to be eligible to claim the Economic Opportunity Tax Credit. The West Virginia Development Office does not issue these tax credits and has no role in determining whether a company qualifies for the credit or not. Therefore we feel the fiscal impacts of this legislation should be addressed by the Tax Department.

Fiscal Note Detail
Over-all effect
Effect of Proposal Fiscal Year
Fiscal Year
(Upon Full
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
3. Explanation of above estimates (including long-range effect):
    Not sure.

Person submitting Fiscal Note:
Carl D Smith
Email Address: