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


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


Explanation of above estimates (including long-range effect):


    



Memorandum


    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.



    Person submitting Fiscal Note: Robert A. Hoffman
    Email Address: bhoffman@abcc.state.wv.us