Date Requested:March 07, 2013
Time Requested:11:16 AM
Agency: State Tax & Revenue Department
CBD Number: Version: Bill Number: Resolution Number:
2013R2253 Introduced SB460
CBD Subject: EXEMPT ACTIVE DUTY MILITARY
FUND(S)
General Revenue Fund
Sources of Revenue
General Fund
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 state income tax active duty military pay for resident individuals serving thirty or more continuous days on active duty in the armed forces of the United States, National Guard or Armed Forces Reserves for the taxable year in which the individual has separated from active military service.
    
    The bill, as written, exempts the active duty military pay of a West Virginia resident who was on active duty for thirty or more continuous days during the tax year and has separated from active military service to the extent such income is included in federal adjusted gross income. The revenue impact would be minimal.
    
    There would be no additional administrative costs.
    

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):
    The bill, as written, exempts the active duty military pay of a West Virginia resident who was on active duty for thirty or more continuous days during the tax year and has separated from active military service to the extent such income is included in federal adjusted gross income. The revenue impact would be minimal.
    
    There would be no additional administrative costs.
    


Memorandum
Person submitting Fiscal Note:
Mark B. Muchow
Email Address:
Roger.D.Cox@wv.gov