Fiscal Note

SB0259 - Amendments to Tobacco Tax

State Impact:
If this bill and "Tobacco Tax Revisions" (H.B. 196, 2010 General Session) both pass, this bill will eliminate a $250,000 earmark in H.B. 196 for the Gold Medal Schools for a net appropriation of $0. This bill also eliminates a tax adjustment clause in H.B. 196 that would have affected future revenue beginning in FY 2014. This bill does not impact the FY 2011 and FY 2012 General Fund revenue created by H.B. 196.

Funding SourceFY 2010
Approp.
FY 2011
Approp.
FY 2012
Approp.
FY 2010
Revenue
FY 2011
Revenue
FY 2012
Revenue
General Fund$0($250,000)($250,000)$0$0$0
   Total
$0

($250,000)

($250,000)

$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.

3/5/2010, 3:12:09 PM, Lead Analyst: Young, T./Attny: TRVOffice of the Legislative Fiscal Analyst