Portfolio tax.

03LSO-0381.L1

                                                         

FISCAL NOTE (HB0103)

 

 

 

The fiscal impact is indeterminable.

 

 

This bill creates a new tax on intangible personal property. The number of taxpayers that would be involved and how much valuation exists to be taxed are indeterminable.

 

 

 

 

 

 

 

 

Prepared by:   Allen Black, Dept. of Revenue    Phone:   777-5235

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

This bill has administrative impact that appears to increase (or decrease) duties or responsibilities of one or more state agencies and may impact agency spending or staffing requirements.  As introduced, the bill does not modify any state agency budget or current personnel authorizations.  The following state agencies may be affected administratively:

 

 

Department of Revenue