Fiscal Note
SB0135 - Sales and Use Tax Exemption for an Energy Efficient Stove or Energy Efficient Stove Fuel
State Impact:
Enactment of this bill could reduce General Fund revenue by $68,800 in FY 2011 and $70,200 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 | ($68,800) | ($70,200) |
| Total | $0 | $0 | $0 | $0 | ($68,800) | ($70,200) |
Individual, Business and/or Local Impact:
Enactment of this bill could reduce local government sales tax revenue by $6,500 in FY 2011 and FY 2012. Individuals and businesses purchasing energy efficient stoves or fuel for energy efficient stoves will not pay sales tax.
| 2/23/2010, 12:40:43 PM, Lead Analyst: Young, T./Attny: RLR | Office of the Legislative Fiscal Analyst |