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AMENDED BILL

Current taxes collected under the fee-in-lieu for eligible properties totals approximately $135,485,000. This bill provides for a flat fee which is dependent on the age of a vehicle which will generate approximately $139,237,000. The revenue generated by the shift from a fee-in-lieu to a flat fee would be

 

FY 99 Approp. FY 00 Approp. FY 99 Revenue FY 00 Revenue
Uniform School Fund ($23,200) ($93,300) $0 $0
Local Revenue $0 $0 $2,760,000 $5,520,000
TOTAL ($23,200) ($93,300) $2,760,000 $5,520,000

 

Office of the Legislative Fiscal Analyst

2/18/1998 1:15:24 PM

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