Fiscal Note

HB0279 - Tax Incentives for Military Members

State Impact:
Enactment of this bill would reduce Education Fund revenue by $1,100,000 annually beginning in FY 2009.

Funding SourceFY 2008
Approp.
FY 2009
Approp.
FY 2010
Approp.
FY 2008
Revenue
FY 2009
Revenue
FY 2010
Revenue
Education Fund$0$0$0$0($1,100,000)($1,100,000)
   Total
$0

$0

$0

$0

($1,100,000)

($1,100,000)

Individual, Business and/or Local Impact:
Eligible individuals will receive a tax credit of $110.

1/21/2008, 8:12:06 AM, Lead Analyst: Wilko, A.Office of the Legislative Fiscal Analyst