Fiscal Note
HB0161S02 - Corporate Franchise and Income Tax Credits Relating to Biodiesel or Syngas Production
State Impact:
Enactment of this bill could reduce the Education Fund by $1,000,000 beginning in FY 2009.
| Funding Source | FY 2007 Approp. | FY 2008 Approp. | FY 2009 Approp. | FY 2007 Revenue | FY 2008 Revenue | FY 2009 Revenue |
| Education Fund | $0 | $0 | $0 | $0 | $0 | ($1,000,000) |
| Total | $0 | $0 | $0 | $0 | $0 | ($1,000,000) |
Individual, Business and/or Local Impact:
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for individuals or local governments. Enactment of this bill will benefit biodiesel and Syngas fuel producers.
| 2/19/2007, 1:45:11 PM, Lead Analyst: Wilko, A. | Office of the Legislative Fiscal Analyst |