Fiscal Note
SB0075 - Construction Trades License Amendments
State Impact:
Enactment of this bill will generate $10,100 per year in revenue to the General Fund beginning in FY 2011. Expected revenue from fines to the Commerce Service Fund is estimated at $50,000 annually. Additional inspection efforts will require an appropriation of $39,900 annually to the Department of Commerce. Commerce Service Fund revenue and spending affect the annual transfer to the General Fund.
| 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 | $10,100 | $10,100 |
| Commerce Service Fund | $0 | $39,900 | $39,900 | $0 | $0 | $0 |
| Total | $0 | $39,900 | $39,900 | $0 | $10,100 | $10,100 |
Individual, Business and/or Local Impact:
Licensed businesses and individuals will be required to incur the costs of copying and displaying their licenses or the penalty for noncompliance.
| 2/8/2010, 10:33:33 AM, Lead Analyst: Pratt, S./Attny: RHR | Office of the Legislative Fiscal Analyst |