Date Requested:January 12, 2012
Time Requested:02:10 PM
Agency: State Tax Department
CBD Number: Version: Bill Number: Resolution Number:
2012R1180 Introduced SB116
CBD Subject: EXEMPTING CERTAIN MILITARY MEMBERS' MOTOR VEHICLES
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 exempt from taxation motor vehicles owned by members of the Armed Forces of the United States while serving in a designated war zone. The exemption continues for two years after the person has left a war zone.
    
    The loss of revenue to the State and local governments cannot be readily determined. However, the revenue impact would not be significant.
    
    Additional costs to the State Tax Department or local governments would be minimal.
    

Fiscal Note Detail
Over-all effect
Effect of Proposal Fiscal Year
2012
Increase/Decrease
(use"-")
2013
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 readily determined. However, the revenue impact would not be significant.
    
    Additional costs to the State Tax Department or local governments would be minimal.
    
    


Memorandum
Person submitting Fiscal Note:
Mark Muchow
Email Address:
kerri.r.petry@wv.gov
    The stated purpose of this bill is to exempt from taxation motor vehicles owned by members of the Armed Forces of the United States while serving in a designated war zone. The exemption continues for two years after the person has left a war zone.
    
    A primary concern is whether the Legislature has the authority under West Virginia Constitution Article X, Section 1, to exempt this type of property from ad valorem taxation. Only property used for certain activities (i.e., educational, literary, scientific, religious or charitable purposes) may be exempted.