LD 2011 LR 2993(03)
An Act To Update Certain Provisions in the Income Tax and Service Provider Tax Laws
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Taxation
Fiscal Note Required: Yes
Fiscal Note
FY 2019-20 FY 2020-21 Projections  FY 2021-22 Projections  FY 2022-23
Net Cost (Savings)
General Fund $0 $454,487 $3,838,000 $4,854,500
General Fund $0 $5,000 $0 $0
General Fund $0 ($449,487) ($3,838,000) ($4,854,500)
Other Special Revenue Funds $0 ($17,513) ($202,000) ($255,500)
Fiscal Detail and Notes
The bill makes changes to the state tax laws and would result in a decrease in General Fund revenue of $449,487 in fiscal year 2020-21 and a decrease in Other Special Revenue Funds revenue of $17,513 in fiscal year 2020-21.  The bill includes a one-time General Fund appropriation to the Department of Administrative and Financial Services of $5,000 in fiscal year 2020-21 for computer programming costs.