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 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 | ($4,235,000) | ($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 |