Fiscal Notes for HB0094




		Fiscal Note HB0094 - Sales and Use Tax Holiday for Certain Sales of Clothing

State Impact:
Passage of this bill would decrease the General Fund by approximately $4,014,000 in FY 2002 and by $4,200,000 in FY 2003. The local revenue loss would be approximately $1,268,000 in FY 2002 and $1,350,000 in FY 2003.

Funding Source	FY 02 Approp.	FY 03 Approp.	FY 02 Revenue	FY 03 Revenue
General Fund	$0	$0	($4,014,000)	($4,200,000)
Local Revenue	$0	$0	($1,268,000)	($1,350,000)
TOTAL	$0	$0	($5,282,000)	($5,550,000)

Individual and Business Impact:
This will result in an average savings per family of $16.

Office of the Legislative Fiscal Analyst
1/19/2001 4:13:34 PM

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Last Revised: 30 August, 2000