FISCAL NOTE
FUND(S):
Operator Permit Fees Fund
Sources of Revenue:
Special Fund
Legislation creates:
Neither Program nor Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
This bill partially replaces a revenue stream from a tax on synthetic fuels, which expired in 2007 and which was used for the operation of DEP's Division of Mining & Reclamation. The Synthetic Fuel Tax provided approximately $4 million per year. This bill proposes to provide an estimated $1.6 million per year in new revenue for the operation of the Division of Mining & Reclamation. Keeping the Division of Mining & Reclamation adequately funded helps West Virginia maintain primacy of its mining program.
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 |
1,663,500 |
1,663,500 |
Explanation of above estimates (including long-range effect):
The proposed legislation does not propose to increase or decrease costs to the State, but to provide a funding mechanism by which DEP's Division of Mining & Reclamation can remain adequately funded to carry out the purposes of the Division. The proposed legislation would raise approximately $1.6 million per year to make up an approximate $4 million shortfall in the Division's budget that came about as a result of the revenue lost upon the expiration of the Synthetic Fuels Tax in 2007.
Memorandum
Person submitting Fiscal Note: Kristin A. Boggs, General Counsel, DEP
Email Address: kristin.a.boggs@wv.gov