Date Requested:January 14, 2008
Time Requested:02:12 PM
Agency: State Tax Department
CBD Number: Version: Bill Number: Resolution Number:
2007R1647 Carryover HB3123
CBD Subject: CONSUMERS SALES AND SERVICE TAX
FUND(S)
General Revenue Fund, Department of Agriculture's Crop Transition Programs
Sources of Revenue
General Fund,Other Fund see above
Legislation creates:
Neither Program nor Fund
Fiscal Note Summary

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

    This bill was introduced in 2007 and has been reintroduced for the 2008 Legislative Session. However, the bill, as written, contains an internal effective date that was not updated for the current year. The unchanged internal effective date would result in a retroactive change in the law. Retroactivity would produce a significant fiscal impact and an administrative burden much greater than that associated with a prospective change. Given that the legislation as introduced in 2007 was prospective, we do not believe retroactivity and the resulting increased fiscal impact and administrative burden are intended. Therefore, we are returning the bill without further analysis.
    
Fiscal Note Detail
Over-all effect
Effect of Proposal Fiscal Year
2008
Increase/Decrease
(use"-")		 2009
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):
    This bill was introduced in 2007 and has been reintroduced for the 2008 Legislative Session. However, the bill, as written, contains an internal effective date that was not updated for the current year. The unchanged internal effective date would result in a retroactive change in the law. Retroactivity would produce a significant fiscal impact and an administrative burden much greater than that associated with a prospective change. Given that the legislation as introduced in 2007 was prospective, we do not believe retroactivity and the resulting increased fiscal impact and administrative burden are intended. Therefore, we are returning the bill without further analysis.

Memorandum
Person submitting Fiscal Note:
Mark Muchow
Email Address:
kpetry@tax.state.wv.us
    This bill was introduced in 2007 and has been reintroduced for the 2008 Legislative Session. However, the bill, as written, contains an internal effective date that was not updated for the current year. The unchanged internal effective date would result in a retroactive change in the law. Retroactivity would produce a significant fiscal impact and an administrative burden much greater than that associated with a prospective change. Given that the legislation as introduced in 2007 was prospective, we do not believe retroactivity and the resulting increased fiscal impact and administrative burden are intended. Therefore, we are returning the bill without further analysis.