Fiscal Note

HB0058 - Severance Tax Amendments

State Impact:
Passage of this bill could reduce the General Fund by $57,600,000 annually. There will be a corresponding increase in restricted revenue.

Funding SourceFY 2008
Approp.
FY 2009
Approp.
FY 2010
Approp.
FY 2008
Revenue
FY 2009
Revenue
FY 2010
Revenue
General Fund$0$0$0$0($57,600,000)($57,600,000)
Restricted Funds$0$0$0$0$57,600,000$57,600,000
   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.

1/10/2008, 11:16:16 AM, Lead Analyst: Wilko, A.Office of the Legislative Fiscal Analyst