Fiscal Note
HB0248 - Amendments to Sales and Use Tax Exemption for Certain Property Incorporated into Real Property
State Impact:
Enactment of this bill could result in a General Fund loss of $223,500 in FY 2009 and a loss of $111,800 in FY 2010.
| Funding Source | FY 2008 Approp. | FY 2009 Approp. | FY 2010 Approp. | FY 2008 Revenue | FY 2009 Revenue | FY 2010 Revenue |
| General Fund | $0 | $0 | $0 | $0 | ($223,500) | ($111,800) |
| Total | $0 | $0 | $0 | $0 | ($223,500) | ($111,800) |
Individual, Business and/or Local Impact:
Individuals entering into contracts between July 2004 and June 2008 will receive the benefits of a sales tax exemption for certain tangible property incorporated into real property.
| 1/9/2008, 2:12:49 PM, Lead Analyst: Wilko, A. | Office of the Legislative Fiscal Analyst |