Date Requested:February 04, 2011
Time Requested:03:45 PM
Agency: State Tax Department
CBD Number: Version: Bill Number: Resolution Number:
2011R2471 Introduced SB427
CBD Subject: RECYCLING FEES
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 tax credit against tax for fees paid for recycling, not to exceed $600.
    
    According to our interpretation, the passage of this bill would have no revenue impact upon the General Revenue Fund. The bill cites three sections in the WV Code, §22-15-11, §22-15A-19 and §22-16-4 where fees are imposed for the disposal of solid waste at sold waste disposal facilities in the State. All of these statutes exempt recycling from the solid waste assessment fee.
    
    There would be no additional administrative costs to the State Tax Department from the passage of this bill.
    

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 0
3. Explanation of above estimates (including long-range effect):
    The stated purpose of this bill is to provide a tax credit against tax for fees paid for recycling, not to exceed $600.
    
    According to our interpretation, the passage of this bill would have no revenue impact upon the General Revenue Fund. The bill cites three sections in the WV Code, §22-15-11, §22-15A-19 and §22-16-4 where fees are imposed for the disposal of solid waste at sold waste disposal facilities in the State. All of these statutes exempt recycling from the solid waste assessment fee.
    
    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
    The stated purpose of this bill is to provide a tax credit against tax for fees paid for recycling, not to exceed $600.
    
    The bill cites three sections in the WV Code, §22-15-11, §22-15A-19 and §22-16-4 where fees are imposed for the disposal of solid waste at sold waste disposal facilities in the State. All of these statutes exempt recycling from the solid waste assessment fee.