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Fiscal Note

SB0124 - Military Installation Development Authority Modifications

State Impact:
Enactment of this bill will not require additional appropriations.

Individual, Business and/or Local Impact:
Enactment of this bill may result in increased sales tax revenue for certain entities. It may also shift property tax burden from those entities to other taxable properties. The impact of such additional revenue and/or tax burden cannot be estimated until such time as a qualifying entity is defined and established.

2/8/2010, 12:11:04 PM, Lead Analyst: Bleazard, M./Attny: VAOffice of the Legislative Fiscal Analyst