FISCAL NOTE
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 exempt all schools which include grades kindergarten through grade twelve from paying consumer sales tax on items the school sells.
As written, this bill would add “all public and private schools which include kindergarten through grade twelve” to the list of organizations that are exempt from charging consumer sales tax. However, such organizations are already exempt under West Virginia Code §11-15-11(b)(1), which provides a sales tax exemption for organizations that are established and operated primarily for charitable or educational purposes. Therefore, there would be no revenue consequences associated with the passage of this bill.
There would be no additional administrative costs to the State Tax Department from the passage of this bill.
Fiscal Note Detail
| 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 |
Explanation of above estimates (including long-range effect):
The stated purpose of this bill is to exempt all schools which include grades kindergarten through grade twelve from paying consumer sales tax on items the school sells.
As written, this bill would add “all public and private schools which include kindergarten through grade twelve” to the list of organizations that are exempt from charging consumer sales tax. However, such organizations are already exempt under West Virginia Code §11-15-11(b)(1), which provides a sales tax exemption for organizations that are established and operated primarily for charitable or educational purposes. Therefore, there would be no revenue consequences associated with the passage of this bill.
There would be no additional administrative costs to the State Tax Department from the passage of this bill.
Memorandum
Person submitting Fiscal Note: Mark Muchow
Email Address: kpetry@tax.state.wv.us