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AMENDED NOTE

Passage of this bill could result in a loss to the Uniform School Fund of approximately $3,000,000 in FY 2001. The Tax Commission would require an appropriation of $50,000 in FY 2000 to implement the provisions of the bill. There would also be an appropriation from the General Fund in FY 2001 of approximately $3,000,000 in FY 2001 to cover the loss to the Uniform School Fund.

FY 00 Approp. FY 01 Approp. FY 00 Revenue FY 01 Revenue
General Fund $50,000 $3,000,000 $0 $0
Uniform School Fund $0 $0 $0 ($3,000,000)
TOTAL $50,000 0 $0 ($3,000,000)

Office of the Legislative Fiscal Analyst

2/23/99 10:43:22 AM

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