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