|
State Impact:
Regulatory fees provided in the bill are estimated to collect $950,000 in FY 2002. Regulatory expenditures are estimated to be $950,000 and are part of the
appropriated budget for FY 2002. The bill also requires an annual fee of $200,000 to provide for perpetual care. These funds will be deposited into a newly created
restricted Radioactive Waste Perpetual Care and Maintenance Fund beginning July 1, 2002. The taxes authorized in the bill are estimated to generate $744,000 for FY 02.
Of which $354,000 is from current waste streams and $390,000 is estimated from Class A Containerized A wastes. FY 03 revenue estimates show $2,202,000. Curreent
waste streams are estimated to produce $1,062,000 and Class A Containerized Wastes are estimated to realize $1,140,000 to the General Fund.
| Funding Source |
FY 02
Approp. |
FY 03
Approp. |
FY 02
Revenue |
FY 03
Revenue |
|
General Fund
|
$0
|
$0
|
$744,000
|
$2,202,000
|
|
GF Restricted
|
$950,000
|
$950,000
|
$950,000
|
$1,150,000
|
| TOTAL |
$950,000
|
$950,000
|
$1,694,000
|
$3,352,000
|
Individual and Business Impact:
Fees will be paid by the owners or operators of radioactive disposal facilities. Taxes will be imposed on generators of the radioactive waste.
Office of the Legislative Fiscal Analyst
2/27/2001 1:50:38 PM
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