State Impact:
Passage of this bill could result in a loss to the Uniform School Fund of $500,000 annually. The Tax Commission would need an appropriation of $27,400 to implement the
provisions of the bill in FY 2002 and an appropriation of $4,000 in FY 2003.
Funding Source |
FY 02 Approp. |
FY 03 Approp. |
FY 02 Revenue |
FY 03 Revenue |
Uniform School Fund
|
$27,400
|
$4,000
|
($500,000)
|
($500,000)
|
TOTAL |
$27,400
|
$4,000
|
($500,000)
|
($500,000)
|
Individual and Business Impact:
Passage of this bill would give a tax break of up to $200 to individuals who volunteer in schools.
Office of the Legislative Fiscal Analyst
2/12/2001 6:17:15 PM
|