Fiscal Note

HB0079 - Income Tax Credit for At-home Parent

State Impact:
Enactment of this bill could reduce the Education fund by $400,000 annually.

Funding SourceFY 2009
Approp.
FY 2010
Approp.
FY 2011
Approp.
FY 2009
Revenue
FY 2010
Revenue
FY 2011
Revenue
Education Fund$0$0$0$0($400,000)($400,000)
   Total
$0

$0

$0

$0

($400,000)

($400,000)

Individual, Business and/or Local Impact:
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for businesses, or local governments. Eligible individuals would receive an additional $100 income tax credit.

1/22/2009, 2:04:26 PM, Lead Analyst: Wilko, A.Office of the Legislative Fiscal Analyst