Fiscal Note

SB0089 - Mutual Dependence Benefits Contract

State Impact:
This bill establishes Mutual Dependence Benefits Contracts to be administered by the Department of Health. The costs are estimated at $1,500 annually plus one-time start up costs of $10,000 for programming, training, and developing and distributing forms. The bill allows the Department to collect a fee to offset the costs. With a projected $20 fee, revenue in the first year is estimated at $5,400 and at $2,000 annually thereafter.

Funding SourceFY 2006
Approp.
FY 2007
Approp.
FY 2006
Revenue
FY 2007
Revenue
General Fund$6,100$0$0$0
Dedicated Credits$5,400$1,500$5,400$2,000
   Total
$11,500

$1,500

$5,400

$2,000

Individual and Business Impact:
This bill establishes Mutual Dependence Benefits Contracts to be administered by the Department of Health. The costs are estimated at $1,500 annually plus one-time start up costs of $10,000 for programming, training, and developing and distributing forms. The bill allows the Department to collect a fee to offset the costs. With a projected $20 fee, revenue in the first year is estimated at $5,400 and at $2,000 annually thereafter.


Office of the Legislative Fiscal Analyst
1/17/2005, 5:01:17 PM