FISCAL NOTE
FUND(S):
0256
Sources of Revenue:
Other Fund
Legislation creates:
Neither Program nor Fund
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
The purpose of this legislation is to remove the cap on the amount of annual credit that may be awarded for destination tourism expansion projects approved after June 30,2011. This legislation as written does not have any effect on the current costs of the Development Office to administer the Tourism Development Act.
Fiscal Note Detail
Effect of Proposal |
Fiscal Year |
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):
None
Memorandum
None
Person submitting Fiscal Note: Carl.D. Smith
Email Address: carl.d.smith@qwv.gov