Fiscal Note
HB0314S01 - Transportation Funding Revisions
State Impact:
Enactment of this bill would require the Division of Finance to deposit 10.1% of the revenues collected from taxable sales to the Centennial Highway Fund Restricted Account. The FY 2008 deposit to that account is estimated to be $207,112,000 which is $36,911,000 above the current allocation.
| Funding Source | FY 2007 Approp. | FY 2008 Approp. | FY 2009 Approp. | FY 2007 Revenue | FY 2008 Revenue | FY 2009 Revenue |
| General Fund | $0 | $0 | $0 | $0 | ($36,911,000) | ($38,387,000) |
| Transportation Fund Restricted | $0 | $0 | $0 | $0 | $36,911,000 | $38,387,000 |
| Total | $0 | $0 | $0 | $0 | $0 | $0 |
Individual, Business and/or Local Impact:
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for individuals, businesses, or local governments.
| 2/23/2007, 9:39:25 AM, Lead Analyst: Wilko, A. | Office of the Legislative Fiscal Analyst |