Fiscal Note
SB0274S02 - Online Pharmacy Amendments
State Impact:
Enactment of this bill will generate $1,200 in revenue to the General Fund annually. The bill will require one new FTE and a new board estimated to cost $80,800 per year from the Commerce Service Fund. License fee revenue is estimated at $82,000 per year. Commerce Service Fund revenue and appropriations impact year-end transfers 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 | $1,200 | $1,200 |
| Commerce Service Fund | $0 | $80,800 | $80,800 | $0 | $80,800 | $80,800 |
| Total | $0 | $80,800 | $80,800 | $0 | $82,000 | $82,000 |
Individual, Business and/or Local Impact:
Individuals and businesses who are eligible for licensure will need to pay the fee for that license. Enactment of this bill likely will not result in direct, measurable costs and/or benefits for local governments.
| 2/25/2010, 8:56:34 AM, Lead Analyst: Pratt, S./Attny: CJD | Office of the Legislative Fiscal Analyst |