Date Requested:February 21, 2011
Time Requested:11:36 AM
Agency: State Tax Department
CBD Number: Version: Bill Number: Resolution Number:
2011R2816 Introduced SB551
CBD Subject: VALUATION OF CERTAIN MINE SAFETY EQUIPMENT
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 ensure that mandated mine safety equipment is assessed at salvage value.
    
    The loss of revenue to the State and local governments cannot be determined.
    
    Additional administrative costs to the State or local governments cannot be determined.

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 loss of revenue to the State and local governments cannot be determined.
    
    Additional administrative costs to the State or local governments cannot be determined.
    
    
    


Memorandum
Person submitting Fiscal Note:
Mark Muchow
Email Address:
kerri.r.petry@wv.gov