Date Requested:March 22, 2005
Time Requested:05:06 PM
Agency: State Tax Department
CBD Number: Version: Bill Number: Resolution Number:
2005R1913 Intro SB644
CBD Subject: Sales Tax Definitions Clarified for Tran
FUND(S)
General Revenue Fund
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 stated purpose of this bill is to clarify the definition of tangible personal property and the definitions of “transmission” and “transportation” as those terms are used when exempting from sales tax certain purchases by persons engaged in the business of transmission or transportation of tangible personal property to clarify that they mean “transmission” and “transportation” for others and do not include transmission and transportation for themselves and not for others.
    
    The passage of this bill would not have any revenue consequences for the State.
    
    There would be no additional administrative costs to the Tax Department.
    

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):
    Passage of this bill would to clarify the definition of tangible personal property and the definitions of “transmission” and “transportation” as those terms are used when exempting from sales tax certain purchases by persons engaged in the business of transmission or transportation of tangible personal property to clarify that they mean “transmission” and “transportation” for others and do not include transmission and transportation for themselves and not for others.
    
    The passage of this bill would not have any revenue consequences for the State.
    
    There would be no additional administrative costs to the Tax Department.


Memorandum
Person submitting Fiscal Note:
Mark Muchow
Email Address:
kpetry@tax.state.wv.us