Fiscal Note
HB0051 - Sales and Use Taxation of Amusement Devices and Cleaning or Washing of Tangible Personal Property
State Impact:
Passage of this bill could decrease the General Fund by approximately $5,000 annually. There is a corresponding loss of local revenue of $1,900 annually.
Funding Source | FY 2007 Approp. | FY 2008 Approp. | FY 2007 Revenue | FY 2008 Revenue |
General Fund | $0 | $0 | ($5,000) | ($5,000) |
Local Revenue | $0 | $0 | ($1,900) | ($1,900) |
Total | $0 | $0 | ($6,900) | ($6,900) |
Individual and Business Impact:
Certain entities will receive a tax reduction.
Office of the Legislative Fiscal Analyst
2/6/2006, 11:31:18 AM