Date Requested: February 24, 2015
Time Requested: 02:08 PM
Agency: Auditor, State of WV
CBD Number: Version: Bill Number: Resolution Number:
3222 Introduced HB2893
CBD Subject: County Officials


FUND(S):

No State-Level Fund Impact

Sources of Revenue:

Other Fund County & Municipal Funds

Legislation creates:

Neither Program nor Fund



Fiscal Note Summary


Effect this measure will have on costs and revenues of state government.


    The provisions of proposed House Bill 2893 will have no direct impact on the finances of State government. The major impact of the bill would be to eliminate the exemption from the assessment and collection of the Hotel Occupancy Tax with respect to rooms provided on a complimentary basis by lodging owners at no cost to the renter. The enactment of the legislation would result in a potential loss of revenue for multiple municipal and county governments around the State; however, we do not have any basis for providing an estimate of the potential loss in collections related to the Hotel Occupancy Tax at the local level, primarily because there is no reliable database available to this office which accounts for accommodations which currently are exempted from the provisions of the Hotel Occupancy Tax.



Fiscal Note Detail


Effect of Proposal Fiscal Year
2015
Increase/Decrease
(use"-")
2016
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):


    



Memorandum


    



    Person submitting Fiscal Note: Michael E. Sizemore, CPA
    Email Address: Mike.Sizemore@wvsao.gov