Fiscal Note
SB0028 - Amendments to Individual Income Tax Return Filing Requirements
State Impact:
Enactment of this bill reduces Tax Commission processing expenses by $70,000.
| Funding Source | FY 2010 Approp. | FY 2011 Approp. | FY 2012 Approp. | FY 2010 Revenue | FY 2011 Revenue | FY 2012 Revenue |
| General Fund | $0 | ($28,100) | ($28,100) | $0 | $0 | $0 |
| Uniform School Fund | $0 | ($31,000) | ($31,000) | $0 | $0 | $0 |
| Dedicated Credits | $0 | ($3,400) | ($3,400) | $0 | $0 | $0 |
| Restricted Funds | $0 | ($7,500) | ($7,500) | $0 | $0 | $0 |
| Total | $0 | ($70,000) | ($70,000) | $0 | $0 | $0 |
Individual, Business and/or Local Impact:
Tax return preparation businesses will be required to file electronically and may incur an additional cost in so doing. Additional costs may be passed on to consumers. Local government entities are unaffected.
| 12/23/2009, 1:03:08 PM, Lead Analyst: Young, T./Attny: RLR | Office of the Legislative Fiscal Analyst |