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 SourceFY 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