Fiscal Note

HB0122S01 - Clean Air and Efficient Vehicle Tax Credit

State Impact:
Enactment of this bill could result in a decrease of Uniform School Fund of $191,800 beginning in FY 2009. The Department of Enviromental Quality would need an appropriation of $12,900 in FY 2009 to implement the processing provisions of the bill.

Funding SourceFY 2007
Approp.
FY 2008
Approp.
FY 2009
Approp.
FY 2007
Revenue
FY 2008
Revenue
FY 2009
Revenue
General Fund$0$0$12,900$0$0$0
Uniform School Fund$0$0$0$0$0($191,800)
   Total
$0

$0

$12,900

$0

$0

($191,800)

Individual, Business and/or Local Impact:
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for local governments. Individuals and businesses would receive potential tax credits which would be dependent upon the cost of conversion or purchase.

1/29/2007, 8:00:34 AM, Lead Analyst: Wilko, A.Office of the Legislative Fiscal Analyst