TO: | Honorable Harvey Hilderbran, Chair, House Committee on Ways & Means |
FROM: | Ursula Parks, Director, Legislative Budget Board |
IN RE: | HB3111 by Hilderbran (Relating to a tax credit for eligible costs and expenses incurred during the rehabilitation of a historic structure located in a severely damaged or flooded census tract:), As Introduced |
Fiscal Year | Probable Revenue (Loss) from General Revenue Fund 1 |
Probable Revenue (Loss) from Foundation School Fund 193 |
Probable Revenue (Loss) from Property Tax Relief Fund 304 |
---|---|---|---|
2014 | ($375,000) | ($125,000) | ($2,000,000) |
2015 | ($2,063,000) | ($688,000) | ($11,000,000) |
2016 | ($2,110,000) | ($703,000) | ($11,252,000) |
2017 | ($2,637,000) | ($879,000) | ($14,064,000) |
2018 | ($3,296,000) | ($1,099,000) | ($17,576,000) |
Fiscal Year | Probable Revenue (Loss) from General Revenue Fund 1 |
Probable Revenue (Loss) from Foundation School Fund 193 |
Probable Revenue (Loss) from Property Tax Relief Fund 304 |
---|---|---|---|
2014 | $0 | $0 | $0 |
2015 | ($1,500,000) | ($500,000) | ($8,000,000) |
2016 | ($1,500,000) | ($625,000) | ($10,000,000) |
2017 | ($1,875,000) | ($782,000) | ($12,504,000) |
2018 | ($2,930,000) | ($977,000) | ($15,624,000) |
Source Agencies: | 304 Comptroller of Public Accounts
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LBB Staff: | UP, KK, SD
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