Fiscal Note

HB0090 - Income Tax Amendments

State Impact:
Enactment of this bill could increase the Education Fund by $100,675,000 in FY 2011 and by $109,928,000 in FY 2012.

Funding SourceFY 2010
Approp.
FY 2011
Approp.
FY 2012
Approp.
FY 2010
Revenue
FY 2011
Revenue
FY 2012
Revenue
Education Fund$0$0$0$0$100,675,000$109,928,000
   Total
$0

$0

$0

$0

$100,675,000

$109,928,000

Individual, Business and/or Local Impact:
Enactment of this bill would have no local or business impact. Individuals in certain income thresholds would see an increase of up to 2 percent in their tax liability.

2/1/2010, 4:54:46 PM, Lead Analyst: Wilko, A./Attny: RLROffice of the Legislative Fiscal Analyst