FISCAL NOTE
FUND(S):
State Road Fund
Sources of Revenue:
Other Fund State Road Fund
Legislation creates:
Neither Program nor Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The stated purpose of this bill is to exempt all gallons of special fuel and propane gas for home heating consumption use from the excise tax on gasoline or special fuel.
As written, this bill provides a refundable exemption from the flat rate component of the Motor Fuel Excise Tax on all gallons of special fuel and propane gas sold for home heating consumption. Under current law, all sales of propane are per se exempt from the flat rate component of the Motor Fuel Tax under §11-14C-9(a)(4). Also, special fuel used for heating public or private buildings are allowed a refundable exemption from the flat rate component of the tax (§11-14C-9(c)(9)). Therefore, there would be no revenue consequences associated with the passage of this bill.
There would be no additional administrative costs to the Tax Department from the passage of this bill.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2008
Increase/Decrease
(use"-") |
2009
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 stated purpose of this bill is to exempt all gallons of special fuel and propane gas for home heating consumption use from the excise tax on gasoline or special fuel.
As written, this bill provides a refundable exemption from the flat rate component of the Motor Fuel Excise Tax on all gallons of special fuel and propane gas sold for home heating consumption. Under current law, all sales of propane are per se exempt from the flat rate component of the Motor Fuel Tax under §11-14C-9(a)(4). Also, special fuel used for heating public or private buildings are allowed a refundable exemption from the flat rate component of the tax (§11-14C-9(c)(9)). Therefore, there would be no revenue consequences associated with the passage of this bill.
There would be no additional administrative costs to the Tax Department from the passage of this bill.
Memorandum
Person submitting Fiscal Note: Mark Muchow
Email Address: kpetry@tax.state.wv.us