|
State Impact:
Passage of this bill could result in a Uniform School Fund loss annually of $17,500,000 beginning in FY 2003. The Tax Commission would require an appropriation of
$29,400 in FY 2003 to administer the provisions of the bill and an appropriation of $40,000 in FY 2004.
| Funding Source |
FY 02
Approp. |
FY 03
Approp. |
FY 02
Revenue |
FY 03
Revenue |
|
General Fund
|
$0
|
$0
|
$0
|
$0
|
|
Uniform School Fund
|
$0
|
$29,400
|
$0
|
($17,500,000)
|
| TOTAL |
$0
|
$29,400
|
$0
|
($17,500,000)
|
Individual and Business Impact:
Passage of this bill will allow mining establishments to qualify for a tax break on equipment purchases.
Office of the Legislative Fiscal Analyst
1/24/2001 3:06:42 PM
|
