Fiscal Note
SB0171S01 - Research Activities Tax Credit Amendments
State Impact:
Enactment of this bill could reduced the Education Fund by $18,800,000 annually.
| 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 | ($18,800,000) | ($18,800,000) |
| Total | $0 | $0 | $0 | $0 | ($18,800,000) | ($18,800,000) |
Individual, Business and/or Local Impact:
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for local governments. Impact on individuals and businesses would be dependent upon the research activity occurring in the state.
| 2/13/2007, 11:31:37 AM, Lead Analyst: Wilko, A. | Office of the Legislative Fiscal Analyst |