LD 220 LR 1970(11)
An Act To Make Supplemental Appropriations and Allocations for the Expenditures of State Government and To Change Certain Provisions of the Law Necessary to the Proper Operations of State Government for the Fiscal Year Ending June 30, 2021
Fiscal Note for House Amendment " " to Committee Amendment "A"
Sponsor: Rep. Dillingham of Oxford
Fiscal Note Required: Yes
Fiscal Note
FY 2020-21 FY 2021-22 FY 2022-23 Projections  FY 2023-24 Projections  FY 2024-25
Net Cost (Savings)
General Fund $11,550,000 ($95,000) ($47,500) ($237,500) ($9,500)
General Fund ($11,550,000) $95,000 $47,500 $237,500 $9,500
Other Special Revenue Funds ($450,000) $5,000 $2,500 $12,500 $500
Fiscal Detail and Notes
This amendment conforms to the Internal Revenue Code in terms of non-corporate losses and would result in a loss of General Fund and Local Government Fund revenue, respectively, of $11,550,000 and $450,000 in fiscal year 2020-21.  A balanced budget is maintained.