Fiscal Note

HB0271 - Petroleum Storage Tank Trust Fund Amendments

State Impact:
Enactment of this bill is estimated to increase collections to the Petroleum Storage Tank Trust Fund by $550,700 in FY 2007 and $1,101,500 in FY 2008. Estimated expenditures from the fund are estimated to increase by the same amounts.

Funding SourceFY 2007
Approp.
FY 2008
Approp.
FY 2007
Revenue
FY 2008
Revenue
Trust Funds$550,700$1,101,500$550,700$1,101,500
   Total
$550,700

$1,101,500

$550,700

$1,101,500

Individual and Business Impact:
Participating business using the assurance program provided by the bill will be required to pay $550,700 in FY 2007 and $1,101,500 in FY 2008.


Office of the Legislative Fiscal Analyst
1/24/2006, 12:03:59 PM