The House Finance Committee met at 9 a.m.
SB 433 would permit counties to increase the excise tax on the privilege of transferring real property. The bill will be reported to the floor with recommendation it do pass.
SB 595 would allow portions of otherwise exempt property that are being used for nonexempt purposes to be separately assessed and taxed for property tax purposes. The bill will be reported to the floor with recommendation it do pass.
SB 461 would exempt the West Virginia State Police from state purchasing requirements. The bill will be reported to the floor with recommendation it do pass.
SB 686 would exempt facilities providing direct patient care that are managed, directed, controlled and governed by the Secretary of the Department of Health and Human Resources. from the otherwise required oversight and review by the Purchasing Division of the Department of Administration. The bill will be reported to the floor with recommendation it do pass.
SB 533 would provide that no wine or liquor excise tax will be collected on purchases of wine or intoxicating liquors in the original sealed package for the purpose of resale, if the final purchase of the wine or intoxicating liquor is subject to the excise tax. The bill will be reported to the floor with recommendation it do pass.
SB 486 would change the rate of tax on eligible acute care hospitals for fiscal year 2018; specify purposes for which funds may be collected, provide for distribution of remaining funds at the end of fiscal year and extend the expiration date for the tax. The bill will be reported to the floor with recommendation it do pass.
SB 535 would reorganize the Division of Tourism as the new West Virginia Tourism Office. It would transfer certain powers and duties of the Tourism Commission to the new West Virginia Tourism Office, and sets a requirement for quarterly meetings. The bill would restructure the Tourism Advertising Partnership Program as a cooperative advertising program administered by the new West Virginia Tourism Office and would give power to the Executive Director all authority for expenditures of funds in the Tourism Promotion Fund.
