Fiscal Note
HB0359 - Sales and Use Tax Changes
State Impact:
Enactment of this bill could result in a loss of General Fund of $1,916,000 in FY 2009 and a loss of $1,958,000 in FY 2010.
| Funding Source | FY 2008 Approp. | FY 2009 Approp. | FY 2010 Approp. | FY 2008 Revenue | FY 2009 Revenue | FY 2010 Revenue |
| General Fund | $0 | $0 | $0 | $0 | ($1,916,000) | ($1,958,000) |
| Total | $0 | $0 | $0 | $0 | ($1,916,000) | ($1,958,000) |
Individual, Business and/or Local Impact:
Enactment of this bill could result in a loss of local revenues of approximately $585,000 in FY 2009 and a loss of $598,000 in FY 2010. There will be a corresponding benefit to common carriers.
| 2/4/2008, 10:18:56 AM, Lead Analyst: Wilko, A. | Office of the Legislative Fiscal Analyst |