Fiscal Note
SB0179 - Amendments to Sales and Use Tax Exemptions for Certain Vehicles, Boats, Boat Trailers, and Outboard Motors
State Impact:
Passage of this bill could decrease the General Fund by $50,000 annually. There is a corresponding loss of local revenue of approximately $11,400 annually.
Funding Source | FY 2007 Approp. | FY 2008 Approp. | FY 2007 Revenue | FY 2008 Revenue |
General Fund | $0 | $0 | ($50,000) | ($50,000) |
Local Revenue | $0 | $0 | ($11,400) | ($11,400) |
Total | $0 | $0 | ($61,400) | ($61,400) |
Individual and Business Impact:
Passage of this bill could provide a tax reduction to eligible individuals.
Office of the Legislative Fiscal Analyst
1/30/2006, 11:38:35 AM