Fiscal Note
SB0069 - Uniform Limited Cooperative Association Act
State Impact:
Enactment of this bill will generate approximately $3,700 in Commerce Service Fund revenue for FY 2009. It will also require an appropriation of $4,500 from the Commerce Service Fund. The net impact will reduce General Fund revenue $800 in FY 2009. The Commerce Service Fund will generate $700 per year in revenue from this type of public entity that will accure to the General Fund beginning 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, One-Time | $0 | $0 | $0 | $0 | ($800) | $700 |
| Commerce Service Fund | $0 | $0 | $0 | $0 | $3,700 | $0 |
| Commerce Service, One-time | $0 | $4,500 | $0 | $0 | $0 | $0 |
| Total | $0 | $4,500 | $0 | $0 | $2,900 | $700 |
Individual, Business and/or Local Impact:
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for local governments. Businesses and individuals may benefit from the ability to file under a different form of public entity when filing for a license.
| 1/25/2008, 11:47:08 AM, Lead Analyst: Schoenfeld, J.D. | Office of the Legislative Fiscal Analyst |