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Fiscal Note

SB0234 - Sales and Use Tax - Botanical, Cultural, Recreational, and Zoological Organizations or Facilities Amendments

State Impact:
An appropriation of $105,700 from the Sales and Use Tax Administration Fee would be required to the Tax Commission to implement the provisions of this bill. There would be a potential revenue increase in those cities who choose by vote to implement the provisions of the bill.

Funding Source FY 02
Approp.
FY 03
Approp.
FY 02
Revenue
FY 03
Revenue
Sales Tax Admin. Fee $105,700 $0 $0 $0
TOTAL

$105,700


$0


$0


$0

Individual and Business Impact:
Individuals could potentially see an increase tax rate of 1/10 of one percent.

Office of the Legislative Fiscal Analyst
2/20/2001 8:38:46 AM


Last Revised: 30 August, 2000

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