2009 Session

Budget Amendments - SB850 (Member Request)

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Chief Patron: Deeds
Fiscal Impact of SB 990 (language only)

Item 0 #6s

Item 0 #6s


Page 2, line 5, strike "$15,622,022,377" and "$30,637,298,527" and insert "$15,621,022,377" and "$30,636,298,527"

(This amendment reduces the FY 2010 general fund revenue estimate by $1.0 million to reflect the estimated revenue impact of SB 990 that provides a tax credit for "incremental investments" in the purchase or lease of certain equipment. The maximum annual amount of the tax credit in a calendar year would be $2.0 million, but FY 2010 reflects a smaller amount since all companies do not operate on a January to December taxable year).