Fiscal Note
SB0165S01 - Allocation and Apportionment of Income and Deduction of a Net Loss
State Impact:
Enactment of this bill could increase revenue to the Education Fund by $4,000 in FY 2011 and $5,000 in FY 2012.
| Funding Source | FY 2010 Approp. | FY 2011 Approp. | FY 2012 Approp. | FY 2010 Revenue | FY 2011 Revenue | FY 2012 Revenue |
| Education Fund | $0 | $0 | $0 | $0 | $4,000 | $5,000 |
| Total | $0 | $0 | $0 | $0 | $4,000 | $5,000 |
Individual, Business and/or Local Impact:
This bill shifts $7,700,000 of corporate income tax liability between industries and $47,000,000 between corporate income tax payers. Individuals and local governments are unaffected.
| 3/11/2010, 11:12:00 AM, Lead Analyst: Young, T./Attny: RLR | Office of the Legislative Fiscal Analyst |