FISCAL NOTE
FUND(S):
General Revenue Fund, local governments
Sources of Revenue:
General Fund,Other Fund local property tax
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 the construction or addition of active solar energy systems from real and personal property taxation.
The loss of revenue to the State and local governments cannot be determined.
Additional costs to the State Tax Department or local governments cannot be determined.
Fiscal Note Detail
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 |
0 |
Explanation of above estimates (including long-range effect):
The loss of revenue to the State and local governments for exempting the construction or addition of active solar energy systems from real and personal property taxation cannot be determined
Additional costs to the State Tax Department or local governments cannot be determined.
Memorandum
The stated purpose of this bill is to exempt the construction or addition of active solar energy systems from real and personal property taxation.
West Virginia Constitution Article X, Section 1 requires that taxation is to be equal and uniform and that it is to be taxed in proportion to its value. The bill does not appear to satisfy those requirements.
Person submitting Fiscal Note: Mark Muchow
Email Address: kerri.r.petry@wv.gov