Date Requested:February 10, 2005
Time Requested:01:12 PM
Agency: Alcohol Beverage Control Commission
CBD Number: Version: Bill Number: Resolution Number:
2005R395 Intro HB2110
CBD Subject: Retail Mark-Up
FUND(S)
7352
Sources of Revenue
Special Fund
Legislation creates:
Neither Program nor Fund

Fiscal Note Summary

Effect this measure will have on costs and revenues of state government.

    Minimal impact on state revenues.

Fiscal Note Detail
Over-all effect
Effect of Proposal Fiscal Year
2005
Increase/Decrease
(use"-")
2006
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):
    


Memorandum
Person submitting Fiscal Note:
Robert A. Hoffman
Email Address:
bhoffman@abcc.state.wv.us
    Presently, W.Va. Code 60-3A-17(e)does not permit a retail licensee to sell liquor at less than 110% of retailer's cost. This bill fixes the selling price at 115% of cost and allows no other price. This bill further applies to beer and wine as well as alcohlolic liquors and may require an increase in price for some retailers. The bill uses the word "beer" instead of nonintoxicating beer, which would be statutorily more clear. Further, the term "intoxicating liquor" is not defined. The terms, presently defined in W.Va. Code 60-1-5 may be preferable.