FUND(S):

7351

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.


    We estimate that total annual revenue to the State would be approzimately $17,500.00. A minimal amount of expense would be incurred to provide these services. This fund is administered by the Tax Department.



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 17,500 17,500


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


    We estimate that 150 retailers @ $100.00 = $15,000.00 and 50 non-profit corporations and associations @ 50.00 = $2,500.00 for total revenue of $17,500.00.



Memorandum


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