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Download Zipped Introduced WP 6.1 SB0050S1.zip
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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