FISCAL NOTE



FUND(S):

General Revenue Fund

Sources of Revenue:

General 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 change the definition of nonintoxicating beer so that craft beers are included. As written, this bill would change the definition of “nonintoxicating beer” by increasing the allowable alcohol content to the greater of nine and six-tenths percent alcohol by weight or twelve percent by volume, from the current standards of four and two-tenths percent and six percent, respectively. As a result, there would be a modest increase in beer barrel tax revenue from the passage of this bill. Additional administrative costs to the State Tax Department would be minimal during the current fiscal year. Thereafter, there would be no additional administrative costs to the Department.



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 2,500 0 0
Personal Services 0 0 0
Current Expenses 2,500 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 change the definition of nonintoxicating beer so that craft beers are included. As written, this bill would change the definition of “nonintoxicating beer” by increasing the allowable alcohol content to the greater of nine and six-tenths percent alcohol by weight or twelve percent by volume, from the current standards of four and two-tenths percent and six percent, respectively. As a result, there would be a modest increase in beer barrel tax revenue from the passage of this bill. Additional administrative costs to the State Tax Department would be minimal during the current fiscal year. Thereafter, there would be no additional administrative costs to the Department.



Memorandum






    Person submitting Fiscal Note: Mark Muchow
    Email Address: kpetry@tax.state.wv.us