Fiscal Note
HB0065 - Reporting of Certain Transactions Exempt from Sales and Use Taxes
State Impact:
Enactment of this bill could result in a cash loss to the General Fund of $2,000 annually. Repeal of 59-12-105 forgoes potential General Fund revenue of $554,000 anually had fines included in that section been enforced.
| Funding Source | FY 2009 Approp. | FY 2010 Approp. | FY 2011 Approp. | FY 2009 Revenue | FY 2010 Revenue | FY 2011 Revenue |
| General Fund | $0 | $0 | $0 | $0 | ($2,000) | ($2,000) |
| Total | $0 | $0 | $0 | $0 | ($2,000) | ($2,000) |
Individual, Business and/or Local Impact:
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for individuals, businesses, or local governments.
| 2/6/2009, 10:57:30 AM, Lead Analyst: Wilko, A. | Office of the Legislative Fiscal Analyst |