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 provide incentives for the recruitment of poll workers by reducing the federal adjusted gross income, for West Virginia personal income tax purposes, of poll workers. The passage of this bill would result in a maximum revenue loss of $250,000 in FY2011, and every other year thereafter, if all eligible poll workers took advantage of this decreasing modification on their West Virginia personal income tax returns. 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
2010
Increase/Decrease
(use"-")
2011
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 -250,000 -250,000


Explanation of above estimates (including long-range effect):


The stated purpose of this bill is to provide incentives for the recruitment of poll workers by reducing the federal adjusted gross income, for West Virginia personal income tax purposes, of poll workers. The passage of this bill would result in a maximum revenue loss of $250,000 in FY2011, and every other year thereafter, if all eligible poll workers took advantage of this decreasing modification on their West Virginia personal income tax returns. 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: kerri.r.petry@wv.gov