Date Requested:January 22, 2011
Time Requested:10:52 AM
Agency: State Tax Department
CBD Number: Version: Bill Number: Resolution Number:
2011R1098 Introduced HB2727
CBD Subject: XEMPTION FOR MEMBERS OF VOL. FIRE DEPT'S
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 allow members of volunteer fire departments who have successfully completed required training and who have two years of service to exempt $500 from their gross income, for state personal income tax purposes.
    
    Passage of this bill would reduce General Revenue Fund collections by approximately $250,000 per year beginning in Fiscal Year 2013. Absent an internal effective date, the provisions of this bill would become effective for the 2012 tax year.
    
    If all returns are accepted as filed, there would be a minimal increase in administrative costs to the State Tax Department.
    

Fiscal Note Detail
Over-all effect
Effect of Proposal Fiscal Year
2011
Increase/Decrease
(use"-")
2012
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 -250,000
3. Explanation of above estimates (including long-range effect):
    The stated purpose of this bill is to allow members of volunteer fire departments who have successfully completed required training and who have two years of service to exempt $500 from their gross income, for state personal income tax purposes.
    
    Passage of this bill would reduce General Revenue Fund collections by approximately $250,000 per year beginning in Fiscal Year 2013. Absent an internal effective date, the provisions of this bill would become effective for the 2012 tax year.
    
    If all returns are accepted as filed, there would be a minimal increase in administrative costs to the State Tax Department.
    


Memorandum
Person submitting Fiscal Note:
Mark Muchow
Email Address:
kerri.r.petry@wv.gov
    The purpose of this bill is to allow members of volunteer fire departments who have successfully completed required training and who have tow years of service to exempt $500 from their gross income, for state personal income tax purposes.
    
    There is no definition for “active member of volunteer fire department” or “at least two years of service as a member of a volunteer fire department.” Also there is no effective date in the bill.