Fiscal Note
SB0135 - Extending the Sales and Use Tax Exemption for Pollution Control Facilities
State Impact:
This bill extends the sales and use tax exemption for a pollution control facility indefinitely, whereas it is currently scheduled to expire at the end of FY 2009. In FY 2007 forgone revenue was $218,000; based on current trends, the forgone revenue would be approximately $245,000 in FY 2010.
| Funding Source | FY 2008 Approp. | FY 2009 Approp. | FY 2010 Approp. | FY 2008 Revenue | FY 2009 Revenue | FY 2010 Revenue |
| Total | $0 | $0 | $0 | $0 | $0 | $0 |
Individual, Business and/or Local Impact:
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for individuals, or local governments. Businesses that construct pollution control equipment and facilities will benefit form the sales and use tax exemption.
| 1/21/2008, 9:26:48 AM, Lead Analyst: Young, T. | Office of the Legislative Fiscal Analyst |