Date Requested:March 25, 2005
Time Requested:12:12 PM
Agency: State Tax Department
CBD Number: Version: Bill Number: Resolution Number:
2005R1092 Intro HB3265
CBD Subject: Senior Citizen Drg Benefit
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 create the "Senior Citizens Prescription Drug Subsidy Program." Provisions of the bill include: (1) Clarify the duties of the Commissioner of Health and Human Resources as executive and administrative head of the Bureau of Senior Services; (2) requiring the Bureau of Senior Citizens to administer the program; (3) providing a voluntary check-off designation of personal income tax forms upon which taxpayers may designate that a certain portion of any refund be donated to the fund; and (4) creating the Senior Citizens Prescription Drug Subsidy Program Fund.
    
    According to our interpretation, passage of this bill would result in the creation of a voluntary check-off line on personal income tax returns for taxpayers who wish to contribute to the "Senior Citizens Prescription Drug Subsidy Program." The new check-off may result in the voluntary contribution of a modest amount of revenue for this fund. Passage of this bill would have no effect on General Revenue Fund collections.
    
    Passage of this bill would result in 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):
    According to our interpretation, passage of this bill would result in the creation of a voluntary check-off line on personal income tax returns for taxpayers who wish to contribute to the "Senior Citizens Prescription Drug Subsidy Program." The new check-off may result in the voluntary contribution of a modest amount of revenue for this fund. Passage of this bill would have no effect on General Revenue Fund collections.
    
    Passage of this bill would result in no additional administrative costs to the Tax Department.


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