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