Fiscal Note

SB0018 - Use of Oil and Gas Revenues

State Impact:
It is estimated that enactment of this bill would reduce the General Fund by $31,550,000 annually. There will be a corresponding increase in the Oil and Gas Severance Holding Account.

Funding SourceFY 2007
Approp.
FY 2008
Approp.
FY 2009
Approp.
FY 2007
Revenue
FY 2008
Revenue
FY 2009
Revenue
General Fund$0$0$0$0($31,550,000)($31,550,000)
   Total
$0

$0

$0

$0

($31,550,000)

($31,550,000)

Individual, Business and/or Local Impact:
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for individuals, businesses, or local governments.

12/22/2006, 10:33:03 AM, Lead Analyst: Wilko, A.Office of the Legislative Fiscal Analyst