Fiscal Note
HB0083 - Property Tax Relief Programs
State Impact:
Enactment of this bill may reduce General Fund revenue by an estimated $122,000 in FY 2010 and by $125,000 in FY 2011.
| 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 | ($122,000) | ($125,000) |
| Total | $0 | $0 | $0 | $0 | ($122,000) | ($125,000) |
Individual, Business and/or Local Impact:
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for businesses. Local governments could see a reduction in revenues of $650,000 annually. Eligible individuals who rent or own residences could benefit from enhanced circuit breaker credits on income tax returns.
| 1/22/2009, 2:40:51 PM, Lead Analyst: Wilko, A. | Office of the Legislative Fiscal Analyst |