Fiscal Note
HB0122 - Clean Air and Efficient Vehicle Tax Credit
State Impact:
Enactment of this bill could result in a decrease of Uniform School Fund of $1,151,800 beginning in FY 2009. The Department of Enviromental Quality would need an appropriation of $17,300 in FY 2009 to implement the processing provisions of the bill.
| Funding Source | FY 2007 Approp. | FY 2008 Approp. | FY 2009 Approp. | FY 2007 Revenue | FY 2008 Revenue | FY 2009 Revenue |
| General Fund | $0 | $17,300 | $17,300 | $0 | $0 | $0 |
| General Fund, One-Time | $0 | ($17,300) | $0 | $0 | $0 | $0 |
| Uniform School Fund | $0 | $0 | $0 | $0 | ($1,151,800) | ($1,151,800) |
| Uniform School Fund, One-time | $0 | $0 | $0 | $0 | $1,151,800 | $0 |
| Total | $0 | $0 | $17,300 | $0 | $0 | ($1,151,800) |
Individual, Business and/or Local Impact:
Individuals and businesses would receive potential tax credits which would be dependent upon the cost of conversion or purchase.
| 1/23/2007, 12:01:51 PM, Lead Analyst: Wilko, A. | Office of the Legislative Fiscal Analyst |