Fiscal Note

HB0118 - Economic Development Incentives Modifications

State Impact:
Enactment of this bill will reduce any future General Fund surplus by $1,739,200 per year and transfer that amount to the Industrial Assistance Fund.

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 may benefit from incentives funded through this bill.