Sources of Revenue:

General Fund,Other Fund local property tax

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 resolution is to restrain the growth of government by limiting the amount of revenue and expenditures. As written, this resolution proposes an amendment to the Constitution of the State of West Virginia to be submitted to the voters of the State at the next general election to be held in the year 2012. Passage of this resolution, in and of itself, will have no impact on current State and local revenue. However, the proposed Amendment has a number of provisions related to revenue and expenditures that would become effective if the proposed Amendment is subsequently ratified by voters. Due to the number and magnitude of potential revenue and expenditure provisions that would be triggered by adoption of the proposed Amendment, the State Tax Department is unable to accurately estimate, during a normal Legislative session, the potential revenue or expenditure impact associated with adoption of the proposed Amendment. Additionally, the State Tax Department is unable to accurately estimate the additional administrative costs associated with adoption of the proposed Amendment.

Fiscal Note Detail

Effect of Proposal	Fiscal Year
Effect of Proposal	2011 Increase/Decrease (use"-")	2012 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):

As written, this resolution proposes an amendment to the Constitution of the State of West Virginia to be submitted to the voters of the State at the next general election to be held in the year 2012. Passage of this resolution, in and of itself, will have no impact on current State and local revenue. However, the proposed Amendment has a number of provisions related to revenue and expenditures that would become effective if the proposed Amendment is subsequently ratified by voters. Due to the number and magnitude of potential revenue and expenditure provisions that would be triggered by adoption of the proposed Amendment, the State Tax Department is unable to accurately estimate, during a normal Legislative session, the potential revenue or expenditure impact associated with adoption of the proposed Amendment. Additionally, the State Tax Department is unable to accurately estimate the additional administrative costs associated with adoption of the proposed Amendment.

Memorandum

The stated purpose of this resolution is to restrain the growth of government by limiting the amount of revenue and expenditures. This resolution proposes an amendment to the Constitution of the State of West Virginia. While proposed Amendment is supposedly new, the resolution uses strikethrough marking to delete some language. The resolution uses a number of terms without providing adequate definitions of the terms. Additionally, the resolution contains a number of references to calendar year 2010 which could have unintended consequences.

Person submitting Fiscal Note: Mark Muchow
Email Address: kerri.r.petry@wv.gov