Fiscal Note

SB0270S03 - Gift Card Amendments

State Impact:
Enactment of this bill will reduce state revenues by $120,000 in FY 2012 and increase by 10 percent annually each fiscal year for the foreseeable future.

Funding SourceFY 2009
Approp.
FY 2010
Approp.
FY 2011
Approp.
FY 2009
Revenue
FY 2010
Revenue
FY 2011
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 providing gift cards as stipulated in the bill will benefit from the value of unredeemed cards.

3/11/2009, 8:16:53 AM, Lead Analyst: Ricks, G.Office of the Legislative Fiscal Analyst