Fiscal Note
SB0030 - Sales and Use Tax Exemption for Semiconductor Fabricating, Processing, Research, or Development Materials
State Impact:
Passage of this bill could result in a General Fund loss of approximately $7,200 annually. There is a corresponding loss of local revenues of $2,800 annually.
| Funding Source | FY 2007 Approp. | FY 2008 Approp. | FY 2007 Revenue | FY 2008 Revenue |
| General Fund | $0 | $0 | ($7,200) | ($7,200) |
| Local Revenue | $0 | $0 | ($2,800) | ($2,800) |
| Total | $0 | $0 | ($10,000) | ($10,000) |
Individual and Business Impact:
There will be some small tax breaks provided to eligible companies.
Office of the Legislative Fiscal Analyst
1/16/2006, 11:58:09 AM