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Passage of this bill would require a negative revenue adjustment of approximately $17,000,000 beginning in FY 2000. The annual loss which would result from the passage of this bill is approximately $17,000,000. The Tax Commission would require an appropriation of $50,000 in FY 2000 to implement the provisions of the

 

FY 99 Approp. FY 00 Approp. FY 99 Revenue FY 00 Revenue
Uniform School Fund $0 $50,000 $0 ($17,000,000)
TOTAL $0 $50,000 $0 ($17,000,000)

 

Office of the Legislative Fiscal Analyst

2/27/1998 5:54:07 PM

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