State Impact:
Passage of this bill could result in a Uniform School Fund loss of $7,000,000 annually beginning in FY 2002. The Tax Commission would require an appropriation of
$37,400 to implement the provisions of the bill.
Funding Source |
FY 02 Approp. |
FY 03 Approp. |
FY 02 Revenue |
FY 03 Revenue |
Uniform School Fund
|
$37,400
|
$8,000
|
($7,000,000)
|
($7,000,000)
|
TOTAL |
$37,400
|
$8,000
|
($7,000,000)
|
($7,000,000)
|
Individual and Business Impact:
Taxpayers could receive a tax credit of up to $100.
Office of the Legislative Fiscal Analyst
2/20/2001 3:26:06 PM
|