Fiscal Note
HB0217 - Income Tax Revisions
State Impact:
Enactment of this bill could reduce the Education Fund by $32,250,000 in FY 2011 and by $129,000,000 beginning in FY 2012.
| Funding Source | FY 2010 Approp. | FY 2011 Approp. | FY 2012 Approp. | FY 2010 Revenue | FY 2011 Revenue | FY 2012 Revenue |
| Education Fund | $0 | $0 | $0 | $0 | ($32,250,000) | ($129,000,000) |
| Total | $0 | $0 | $0 | $0 | ($32,250,000) | ($129,000,000) |
Individual, Business and/or Local Impact:
Enactment of this bill would decrease income tax paid by businesses and individuals by .25 percent beginning in FY 2012.
| 1/15/2010, 3:44:41 PM, Lead Analyst: Wilko, A./Attny: RLR | Office of the Legislative Fiscal Analyst |