Fiscal Note

SB0204 - Income Taxation - Real Estate Investment Trusts

State Impact:
Depending on the number of entities affected by this bill, corporate income tax revenue to the Education Fund may increase between $5 - $10 million annually.

Funding SourceFY 2008
Approp.
FY 2009
Approp.
FY 2010
Approp.
FY 2008
Revenue
FY 2009
Revenue
FY 2010
Revenue
   Total
$0

$0

$0

$0

$0

$0

Individual, Business and/or Local Impact:
Certain businesses could experience increased tax liability. Individuals and locals are likely unaffected.

2/14/2008, 3:27:34 PM, Lead Analyst: Young, T.Office of the Legislative Fiscal Analyst