Fiscal Note

HB0240s1 - Venture Capital Enhancement Act

State Impact:
Any fiscal impact would be determined by the board set up in the bill. Any contingent tax credits would be capped at $100,000,000, resulting in potential losses to state revenue. The Tax Commission would require an appropriation of $12,400 to administer the provisions of the bill.

Individual and Business Impact:
No initial fiscal impact.

Office of the Legislative Fiscal Analyst
3/5/2003 12:43:09 PM

Last Revised: 30 August, 2000