Fiscal Note

SB0005 - Employment Security Modifications

State Impact:
Passage of the bill would create a reduction in revenue to the Unemployment Insurance Trust Fund of $200,000 which would be offset by and increase of $175,000 to the Penalty and Interest Fund for a net loss in revenue of $25,000. Computer programming costs to implement the provisions of the bill are $7,200 from the Unemployment Operations Fund (a federal grant).

Funding SourceFY 2005
Approp.
FY 2006
Approp.
FY 2005
Revenue
FY 2006
Revenue
Restricted Funds$7,200$0($25,000)($25,000)
   Total
$7,200

$0

($25,000)

($25,000)

Individual and Business Impact:
No fiscal impact.


Office of the Legislative Fiscal Analsyt
1/14/2004, 10:46:02 AM