|Date Requested:February 21, 2011
Time Requested:03:52 PM
| FUND(S) |
Sources of Revenue
Legislation creates:Neither Program nor Fund
Effect this measure will have on costs and revenues of state government.
| The purpose of this bill is to exempt the tax on sales of motor vehicles using natural gas or dual purpose motor vehicles using a combination of gasoline and natural gas as fuel.
Based on the current registration process there is no fiscal impact associated with this bill. However, there would be a future loss equal to five percent (5%) of the value of the affected vehicles.
|Effect of Proposal||Fiscal Year|
|1. Estmated Total Cost||0||0||0|
|Repairs and Alterations||0||0||0|
|2. Estimated Total Revenues||0||0||0|
3. Explanation of above estimates (including long-range effect):
This bill has no fiscal impact upon the West Virginia Division of Motor Vehicles at this time.