Date Requested:February 27, 2013
Time Requested:11:21 AM
Agency: State Tax & Revenue Department
CBD Number: Version: Bill Number: Resolution Number:
2013R1980 Introduced HB2450
CBD Subject: REAL ESTATE APPRAISERS
FUND(S)
Local Governments
Sources of Revenue
Other Fund Local Governments
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 permit licensed real estate appraisers access to assessors' commercial or residential review documents. The bill also permits county assessors to charge no more than $3 for each document.
    
    There would be no impact on tax revenues.
    
    Additional administrative costs to county assessors would be minimal and should be offset by the $3 charge for each document.
    

Fiscal Note Detail
Over-all effect
Effect of Proposal Fiscal Year
2013
Increase/Decrease
(use"-")
2014
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):
    There would be no impact on tax revenues.
    
    Additional administrative costs to county assessors would be minimal and should be offset by the $3 charge for each document.
    


Memorandum
Person submitting Fiscal Note:
Mark B. Muchow
Email Address:
Roger.D.Cox@wv.gov
    The stated purpose of this bill is to permit licensed real estate appraisers access to assessors' commercial or residential review documents. The bill also permits county assessors to charge no more than $3 for each document.
    
    The issue of the public release of information from the IAS computer database (the source of the assessors’ commercial and residential review documents) is currently pending before the West Virginia Supreme Court of Appeals.
    
    The proposed bill would allow county assessors to provide copies of commercial or residential review documents to licensed real estate appraisers for the purpose of determining comparable market value, but the bill does not address how this restriction would be enforced or what the consequences would be for unauthorized uses of the information.