Mentions of “Revenue” — 3 found
… t or $50,000 in any given year. 4. According to the Department of Finance’s 2021 Tax Preference Report, the annual revenue loss associated with the credit as currently authorized is estimated at between $750,000 - $850,000. The annual re …
… ue loss associated with the credit as currently authorized is estimated at between $750,000 - $850,000. The annual revenue loss may not equal the maximum amount of credits authorized in statute due to some taxpayers not having sufficient ta …
… e credit or through carrying forward any unused portion of the tax credit for up to five years. Cost: General Fund Revenue Loss Fiscal Year 2023$750,000 - $1,000,000 Fiscal Year 2024$1,000,000 Fiscal Year 2025$1,000,000 Prepared by Robert …