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Passage of this bill could decrease General Fund revenues by $29,700,000 in FY 1999 and by $72,600,000 in FY 2000. When fully implemented, the General Fund revenue loss would be approximately $137,400,000. The Tax Commission would require an appropriation of $207,300 in FY 1998 and FY 1999 to implement the

 

FY 99 Approp. FY 00 Approp. FY 99 Revenue FY 00 Revenue
General Fund $207,300 $0 ($29,700,000) ($72,600,000)
TOTAL $207,300 $0 ($29,700,000) ($72,600,000)

 

Office of the Legislative Fiscal Analyst

2/5/1998 5:19:32 PM

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