Fiscal Note
HB0282 - Sales and Use Taxation of Food and Food Ingredients
State Impact:
Enactment of this bill will appropriate $403,425 from the General Fund to the Department of Health. The Tax Commission would require a one-time appropriation of $250,000 for programming changes to implement the provisions of the bill.
| Funding Source | FY 2007 Approp. | FY 2008 Approp. | FY 2009 Approp. | FY 2007 Revenue | FY 2008 Revenue | FY 2009 Revenue |
| General Fund | $0 | $403,425 | $403,425 | $0 | $0 | $0 |
| General Fund, One-Time | $0 | $250,000 | $0 | $0 | $0 | $0 |
| Total | $0 | $653,425 | $403,425 | $0 | $0 | $0 |
Individual, Business and/or Local Impact:
Enactment of this bill could reduce local restricted revenues by $17,100,000 in FY 2008 and by $17,700,000 in FY 2009.
| 1/20/2007, 3:00:19 PM, Lead Analyst: Wilko, A. | Office of the Legislative Fiscal Analyst |