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Passage of this bill could increase local revenues by up to $40,300,000 annually. To implement the provisions of the bill the Tax Commission will require an appropriation of $125,600 from the Sales and Use Tax Administration Fee in FY 1997 and an appropriation of $316,100 in FY 1998.

FY 97 Approp. FY 98 Approp. FY 97 Revenue FY 98 Revenue
Local Revenue $0 $0 $0 $40,300,000
Sales Tax Admin. Fee $125,600 $316,100 $0 $0
TOTAL $125,600 $316,100 $0 $40,300,000

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