Fiscal Note

SB0031 - Income Tax Amendments

State Impact:
Enactment of this bill would reduce revenue to the Education Fund by an estimated $8,000,000 in FY 2009 and by $8,400,000 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($8,000,000)($8,400,000)
   Total
$0

$0

$0

$0

($8,000,000)

($8,400,000)

Individual, Business and/or Local Impact:
Enactment of this bill could provide tax relief to those who invest in medical savings programs and those who pay tax through trusts and estates.

1/29/2008, 12:44:11 PM, Lead Analyst: Wilko, A.Office of the Legislative Fiscal Analyst