Fiscal Note
SB0040S01 - Tobacco Tax Amendments
State Impact:
Enactment of this bill could increase revenue to the General Fund by $43,193,000 in FY 2011 and $44,057,000 in FY 2012.
| Funding Source | FY 2010 Approp. | FY 2011 Approp. | FY 2012 Approp. | FY 2010 Revenue | FY 2011 Revenue | FY 2012 Revenue |
| General Fund | $0 | $0 | $0 | $0 | $43,193,000 | $44,057,000 |
| Total | $0 | $0 | $0 | $0 | $43,193,000 | $44,057,000 |
Individual, Business and/or Local Impact:
Businesses are expected to see a decrease in revenue of $53,911,000 annually. Individuals will see total tobacco costs increase by $43,193,000 in FY 2011 and $44,057,000 in FY 2012. Local governments are unaffected.
| 3/8/2010, 9:24:02 AM, Lead Analyst: Young, T./Attny: TRV | Office of the Legislative Fiscal Analyst |