FISCAL NOTE
Date Requested: March 07, 2017 Time Requested: 02:19 PM |
Agency: |
Alcohol Beverage Control Administration |
CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
2958 |
Introduced |
SB533 |
|
CBD Subject: |
Alcoholic Liquors and Beers, Taxation |
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|
FUND(S):
Municipal Tax Fund
Sources of Revenue:
Other Fund Municipal Tax Fund
Legislation creates:
Neither Program nor Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
This bill purports to clarify that no wine municipal excise tax will be collected on purchases of wine in the original sealed package for the purpose of resale, until the final retail purchase of the wine which would be subject to the 5% municipal tax.
The bill also provides that no wine liter tax will be collected on wine sold in the original sealed package for the purpose of resale, if the retail sale of the wine is subject to the liter tax.
The bill adds the same terms to each code section in the bill: original package, original sealed package, seal and container.
Fiscal Note Detail
Effect of Proposal |
Fiscal Year |
2017 Increase/Decrease (use"-") |
2018 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):
The WV State tax Department administers and collects the municipal and wine liter tax and should be able to provide the costs and revenues.
Memorandum
This bill appears to address issues for the WV State Tax Department by clarifying the "taxpayer" for the municipal tax and wine liter tax.
Technically, the use of the same definitions in all code sections may be better served by adding the definition to one code section and then referencing back to that code section in the other code sections utilizing those definitions.
Person submitting Fiscal Note: Anoop Bhasin,General Counsel on behalf of WVABCA
Email Address: Anoop.K.Bhasin@wv.gov