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 list certain professional and personal services that are exempt from payment of the consumers sales tax.
According to our interpretation, passage of this bill would add registered lobbyists, licensed occupational therapists and licensed surveyors to the exemption for professional and personal services from the Consumers Sales and Service Tax. As a result, there would be a decrease of less than $100,000 to the General Revenue Fund due to the inclusion of registered lobbyists and licensed surveyors to the exemption. However, the State Tax Department is unable to estimate the revenue impact of adding licensed occupational therapists to the exemption.
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 |
2009
Increase/Decrease
(use"-") |
2010
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 |
-100,000 |
-100,000 |
Explanation of above estimates (including long-range effect):
The stated purpose of this bill is to list certain professional and personal services that are exempt from payment of the consumers sales tax.
According to our interpretation, passage of this bill would add registered lobbyists, licensed occupational therapists and licensed surveyors to the exemption for professional and personal services from the Consumers Sales and Service Tax. As a result, there would be a decrease of less than $100,000 to the General Revenue Fund due to the inclusion of registered lobbyists and licensed surveyors to the exemption. However, the State Tax Department is unable to estimate the revenue impact of adding licensed occupational therapists to the exemption.
Additional administrative costs to the State Tax Department attributable to notifying taxpayers of the change would be minimal.
Memorandum
The stated purpose of this bill is to list certain professional and personal services that are exempt from payment of the consumers sales tax.
The proposed bill contains no limiting language, so any services performed by any of the listed professions could arguably be exempt.
Person submitting Fiscal Note: Mark Muchow
Email Address: kpetry@tax.state.wv.us