Fiscal Note

HB0199 - Tax Credits for Energy Efficient Residences

State Impact:
Enactment of this bill could reduce the Education Fund by $830,000 in FY 2009 and by $955,000 in FY 2010. The Tax Commission would require an appropriation of $28,000 in FY 2010 to implement provisions of the bill.

Funding SourceFY 2008
Approp.
FY 2009
Approp.
FY 2010
Approp.
FY 2008
Revenue
FY 2009
Revenue
FY 2010
Revenue
Education Fund$0$0$28,000$0($830,000)($955,000)
   Total
$0

$0

$28,000

$0

($830,000)

($955,000)

Individual, Business and/or Local Impact:
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for local governments. Individuals could claim income tax credits for certain energy efficiency improvements in their homes.

2/19/2008, 4:17:28 PM, Lead Analyst: Wilko, A.Office of the Legislative Fiscal Analyst