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 permit a modification to income subject to personal income tax for the spaying and neutering of cats and dogs that are family pets.
As written, the proposed bill allows for a modification to income for the spaying or neutering of dogs or cats of $100 per procedure with a maximum of $200 for any taxable year. The proposed bill has several qualifiers for this modification. These qualifiers include, but are not limited to, the cat or dog being a “family pet” and the cat or dog being owned by the taxpayer for at least three consecutive months. The State Tax Department does not have data to quantify the loss of revenue associated with the provisions of this bill.
Assuming that all Personal Income Tax returns with the modification would be accepted as filed, there would be no additional administrative costs for the State Tax 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 |
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 permit a modification to income subject to personal income tax for the spaying and neutering of cats and dogs that are family pets.
The State Tax Department does not have data to quantify the loss of revenue associated with the provisions of this bill. As written, the proposed bill allows for a modification to income for the spaying or neutering of dogs or cats of $100 per procedure with a maximum of $200 for any taxable year. The proposed bill has several qualifiers for this modification. These qualifiers include, but are not limited to, the cat or dog being a “family pet” and the cat or dog being owned by the taxpayer for at least three consecutive months. It should be noted that most animal shelters require dogs and cats being adopted to be spayed or neutered within a much shorter time period than the three months of ownership required in this bill. The maximum tax benefit per taxpayer is just $13 per year.
Assuming that all Personal Income Tax returns with the modification would be accepted as filed, there would be no additional administrative costs for the State Tax Department.
Memorandum
The stated purpose of this bill is to permit a modification to income subject to personal income tax for the spaying and neutering of cats and dogs that are family pets.
The proposed bill uses the phrase “family pet” without definition. Additionally, the proposed bill requires that the animals belong to the taxpayer for “at least three consecutive months”, but does not provide a mechanism for ascertaining such consecutive ownership.
Person submitting Fiscal Note: Mark Muchow
Email Address: kpetry@tax.state.wv.us