Date Requested:March 15, 2005
Time Requested:02:52 PM
Agency: State Tax Department
CBD Number: Version: Bill Number: Resolution Number:
2005R1468 Intro SB543
CBD Subject: Public Hunting & Fishing
FUND(S)
General Revenue Fund, local governmetns
Sources of Revenue
General Fund,Other Fund local property tax
Legislation creates:
A New Program

Fiscal Note Summary

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

    The stated purpose of this bill is to provide tax incentives to nonresidential owners of managed timberland to allow the general public to use the land for recreational purposes. In furtherance of this purpose this bill provides legislative findings.
    
    The revenue impact of this bill on the State and local governments cannot be determined.
    
    Additional administrative costs for the Tax Department and local governments cannot be determined.

Fiscal Note Detail
Over-all effect
Effect of Proposal Fiscal Year
2005
Increase/Decrease
(use"-")
2006
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
3. Explanation of above estimates (including long-range effect):
    The revenue impact of this bill on the State and local governments cannot be determined.
    
    Additional administrative costs for the Tax Department and local governments cannot be determined.


Memorandum
Person submitting Fiscal Note:
Mark Muchow
Email Address:
kpetry@tax.state.wv.us
    The stated purpose of this bill is to provide tax incentives to nonresidential owners of managed timberland to allow the general public to use the land for recreational purposes. In furtherance of this purpose this bill provides legislative findings.
    
    The statutory amendment to which the legislative findings relates is the addition of a provision after the existing requirement for the tax commissioner to promulgate rules for certification as managed timberland for property tax purposes. The proviso states that “no parcels of property, other than parcels on which the owner resides, shall be classified as managed timberland, unless these forest lands are open to public recreational activities, including hunting, fishing, hiking and photography.”Aside from the fact that the proviso is located at the end of the sentence requiring rules, there would seem to be no connection between the rules and this amendment.