Fiscal Note
SB0142S01 - Sales and Use Tax Exemption for Certain Business Inputs
State Impact:
Enactment of this bill could decrease the General Fund by $4,862,000 in FY 2008 and by $5,013,000 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 | ($4,862,000) | ($5,013,000) |
| Total | $0 | $0 | $0 | $0 | ($4,862,000) | ($5,013,000) |
Individual, Business and/or Local Impact:
Enactment of this bill could decrease local revenue by $1,668,000 in FY 2008 and by $1,720,000 in FY 2009. Business impact will vary depending on the specific inputs purchased by impacted industries.
| 2/9/2007, 12:10:39 PM, Lead Analyst: Wilko, A. | Office of the Legislative Fiscal Analyst |