Fiscal Note

SB0034 - Gross Receipts Tax Amendments, Repeal and Public Utility Tariffs

State Impact:
Passage of this bill could decrease the Uniform School Fund by $2,600,000 in FY 2007 and by $5,500,000 in FY 2008.

Funding SourceFY 2007
Approp.
FY 2008
Approp.
FY 2007
Revenue
FY 2008
Revenue
Uniform School Fund$0$0($2,600,000)($5,500,000)
   Total
$0

$0

($2,600,000)

($5,500,000)

Individual and Business Impact:
Business impacts will vary based on the current level of tax paid.


Office of the Legislative Fiscal Analyst
1/14/2006, 8:15:05 PM