Fiscal Note

HB0351S01 - Individual Income Tax - Health Insurance

State Impact:
Enactment of this bill could reduce the Education Fund by $18,000,000 in FY 2009 and by $18,700,000 in FY 2010.

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($18,000,000)($18,700,000)
   Total
$0

$0

$0

$0

($18,000,000)

($18,700,000)

Individual, Business and/or Local Impact:
The revenue loss to the Education Fund equates to less taxes paid by individuals. Enactment of this bill likely will not result in direct, measurable costs and/or benefits for businesses or local governments.

2/5/2008, 10:26:46 AM, Lead Analyst: Wilko, A.Office of the Legislative Fiscal Analyst