Fiscal Note
SB0037S01 - Sales and Use Tax - Dental Prostheses
State Impact:
Enactment of this bill is estimated to reduce the General Fund by approximately $1,831,000 in FY 2008 and by $1,886,000 in FY 2009.
| Funding Source | FY 2007 Approp. | FY 2008 Approp. | FY 2009 Approp. | FY 2007 Revenue | FY 2008 Revenue | FY 2009 Revenue |
| General Fund | $0 | $0 | $0 | $0 | ($1,831,000) | ($1,886,000) |
| Total | $0 | $0 | $0 | $0 | ($1,831,000) | ($1,886,000) |
Individual, Business and/or Local Impact:
Local entitites could experience revenue reductions of approximately $655,000. Individuals purchasing dental prosthesis should experience a reduction in its overall cost equal to the sales tax rate.
| 1/31/2007, 2:54:37 PM, Lead Analyst: Wilko, A. | Office of the Legislative Fiscal Analyst |