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 SourceFY 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