Fiscal Note
SB0154 - Sales and Use Tax Exemption for Certain Admissions to or Rights to Use the Premises of a Private Club
State Impact:
Passage of this bill could reduce the General Fund by $535,000 annually. There is a corresponding loss of local revenue of approximately $208,600 annually.
Funding Source | FY 2007 Approp. | FY 2008 Approp. | FY 2007 Revenue | FY 2008 Revenue |
General Fund | $0 | $0 | ($535,000) | ($535,000) |
Local Revenue | $0 | $0 | ($208,600) | ($208,600) |
Total | $0 | $0 | ($743,600) | ($743,600) |
Individual and Business Impact:
Individuals would see a slight savings on the cost of a temporary membership.
Office of the Legislative Fiscal Analyst
1/23/2006, 11:40:29 AM