Fiscal Note

SB0253 - Sales and Use Tax Exemption for Railroad Common Carrier Locomotive Engine Fuel

State Impact:
Enactment of this bill could reduce the General Fund by $4,235,000 in FY 2008 and by $4,214,000 in FY 2009.

Funding SourceFY 2007
Approp.
FY 2008
Approp.
FY 2009
Approp.
FY 2007
Revenue
FY 2008
Revenue
FY 2009
Revenue
General Fund$0$0$0$0($4,235,000)($4,214,000)
   Total
$0

$0

$0

$0

($4,235,000)

($4,214,000)

Individual, Business and/or Local Impact:
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for individuals or businesses. Local revenue could be reduced by $1,516,000 in FY 2008 and by $1,508,000 in FY 2009.

2/9/2007, 11:43:12 AM, Lead Analyst: Wilko, A.Office of the Legislative Fiscal Analyst