FISCAL NOTE
FUND(S):
STATE RAIL AUTHORITY (0506)
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.
This legislation will have no impact to the budget of the State Rail Authority (General Fund - 0506).
The bill suggests a corporate income tax reduction to CSX in the amount equal to the charges for the MARC commuter train access fees. This charge is for fees associated to track miles in West Virginia.
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 |
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):
No impact to the State Rail Authority.
Memorandum
Person submitting Fiscal Note: Kathy J Holtsclaw
Email Address: Kathy.J.Holtsclaw@wv.gov