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Fiscal Note

SB0049 - Aviation Fuel Tax

State Impact:
Passage of this bill could result in an annual Transportation Fund Restricted account loss of $440,000 annually. There is also a potential loss of local revenues of $1,320,000 annually.

Funding Source FY 02
Approp.
FY 03
Approp.
FY 02
Revenue
FY 03
Revenue
Local Revenue $0 $0 ($1,320,000) ($1,320,000)
TF - Aeronautical Acct. $0 $0 ($440,000) ($440,000)
TOTAL

$0


$0


($1,760,000)


($1,760,000)

Individual and Business Impact:
Federally certificated air carriers eligible under this bill would receive a refund of four cents per gallon.

Office of the Legislative Fiscal Analyst
2/7/2001 10:58:31 AM


Last Revised: 30 August, 2000

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