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 a personal income tax exemption for living organ donors.
This bill would exempt all personal income tax liability of an individual for the year in which the individual donates all or part of a liver, pancreas, kidney, intestine, lung or bone morrow. As a result, the passage of this bill may result in an average annual loss of less than $100,000 to the General Revenue Fund.
There would be no additional administrative cost to the State Tax Department associated with this bill.
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 |
-100,000 |
-100,000 |
Explanation of above estimates (including long-range effect):
According to the United States Department of Health and Human Resources in 2010 approximately 5,456 living donors donated full or part of their organ in United States. Living donors represents 0.002% of the total United States’ population.
This bill would exempt all personal income tax liability of an individual for the year in which the individual donates all or part of a liver, pancreas, kidney, intestine, lung or bone morrow. As a result, the passage of this bill may result in an average annual loss of less than $100,000 to the General Revenue Fund. Statistically, less than 50 taxpayers would qualify for the exemption each year. Actual revenue loss will depend upon the income characteristics of the group and would vary greatly from one year to the next.
There would be no additional administrative cost to the State Tax Department associated with this bill.
Memorandum
The purpose of this bill is to provide a personal income tax exemption for living organ donors.
The bill does not address the issue of whether the exemption would be for the entire tax liability on a joint return or just the tax liability attributable to the individual making the organ donation.
Person submitting Fiscal Note: Mark Muchow
Email Address: kerri.r.petry@wv.gov