Fiscal Notes for HB0261




		Fiscal Note HB0261 - Sales and Use Tax Exemption - Scrap Recyclers

State Impact:
Passage of this bill could decrease the General Fund by $105,800 annually. There is also a potential loss of local revenues of $34,500 annually.

Funding Source	FY 02 Approp.	FY 03 Approp.	FY 02 Revenue	FY 03 Revenue
General Fund	$0	$0	($105,800)	($105,800)
Local Revenue	$0	$0	($34,500)	($34,500)
TOTAL	$0	$0	($140,300)	($140,300)

Individual and Business Impact:
Eligible businesses could see tax breaks in the range of $2,600 to $54,000 annually.

Office of the Legislative Fiscal Analyst
1/30/2001 4:32:45 PM

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Last Revised: 30 August, 2000