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 require lobbyists and lawyers when performing lobbying services to pay service tax.
According to our interpretation, passage of this bill would require attorneys and other professional service providers performing lobbying services to collect Consumers Sales and Service Tax on their lobbying services. As a result, there would be an increase of approximately $50,000 to the General Revenue Fund.
Additional administrative costs to the State Tax Department attributable to notifying taxpayers of the change would be minimal.
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 |
4,000 |
0 |
0 |
| Personal Services |
0 |
0 |
0 |
| Current Expenses |
4,000 |
0 |
0 |
| Repairs and Alterations |
0 |
0 |
0 |
| Assets |
0 |
0 |
0 |
| Other |
0 |
0 |
0 |
| 2. Estimated Total Revenues |
0 |
50,000 |
50,000 |
Explanation of above estimates (including long-range effect):
According to our interpretation, passage of this bill would require attorneys and other professional service providers performing lobbying services to collect Consumers Sales and Service Tax on their lobbying services. As a result, there would be an increase of approximately $50,000 to the General Revenue Fund.
Additional administrative costs to the State Tax Department would be approximately $4,000 for printing and promotion associated with notifying taxpayers of the change.
Memorandum
Person submitting Fiscal Note: Mark Muchow
Email Address: kpetry@tax.state.wv.us