Fiscal Note

HB0323S01 - School and Institutional Trust Lands Amendments

State Impact:
This bill appropriates $1 million from the Land Grant Management Fund to the Attorney General’s Office. Enactment of this bill will reduce the revenues going into the Permanent School Fund by $1 million and the potential interest and dividends earned by $18,400 per year.

Funding SourceFY 2010
Approp.
FY 2011
Approp.
FY 2012
Approp.
FY 2010
Revenue
FY 2011
Revenue
FY 2012
Revenue
Restricted Funds$0$1,000,000$1,000,000$0($1,018,400)($1,018,400)
   Total
$0

$1,000,000

$1,000,000

$0

($1,018,400)

($1,018,400)

Individual, Business and/or Local Impact:
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for individuals, businesses, or local governments.

2/15/2010, 9:38:11 AM, Lead Analyst: Djambov, I./Attny: AOSOffice of the Legislative Fiscal Analyst