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Fiscal Note

HB0222 - Individual Income Tax Credit for a Residential Security Container

State Impact:
Passage of this bill could result in a Uniform School Fund Loss of approximately $90,000 annually. The Tax Commission would require an appropriation of $28,400 to implement the provisions of the bill.

Funding Source FY 02
Approp.
FY 03
Approp.
FY 02
Revenue
FY 03
Revenue
Uniform School Fund $28,400 $0 ($90,000) ($90,000)
TOTAL

$28,400


$0


($90,000)


($90,000)

Individual and Business Impact:
Those individuals who purchase an eligible residential security container will receive a $150 income tax benefit.

Office of the Legislative Fiscal Analyst
2/9/2001 11:23:16 AM


Last Revised: 30 August, 2000

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