Date Requested: February 05, 2015
Time Requested: 01:01 PM
Agency: Auditor, State of WV
CBD Number: Version: Bill Number: Resolution Number:
2820 Introduced SB416
CBD Subject: Tax


No State-Level Fund Impact

Sources of Revenue:

Other Fund Municipal and County

Legislation creates:

Neither Program nor Fund

Fiscal Note Summary

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

The provisions of proposed Senate Bill 416 will have no direct impact on the finances of State government. The major impact of the bill would be to eliminate the exemption from the assessment and collection of the Hotel Occupancy Tax with respect to rooms rented out as sleeping accomodations on a month-to-month basis or other rental arrangement for 30 days or longer. The enactment of the legislation would result in a revenue enhancement for multiple municipal and county governments around the State; however, we do not have any basis for providing an estimate of the potential growth in collections related to the Hotel Occupancy Tax at the local level, primarily because there is no reliable database available to this office which accounts for accomodations which currently are exempted from the provisions of the Hotel Occupancy Tax.

Fiscal Note Detail

Effect of Proposal Fiscal Year
Fiscal Year
(Upon Full
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):


    Person submitting Fiscal Note: Michael E. Sizemore, CPA
    Email Address: