Fiscal Note

HB 126 — Fiscal Note/Fee Impact

Download PDF Open original ↗

Mentions of “Revenue” — 4 found

… k and the total number of employees for which it was paid to the Department of Finance. 4. Estimates of General Fund revenue loss contained in this analysis were based on data from the Delaware Office of Occupational and Labor Market Informat …

… nd the BLS, Delaware overtime compensation is estimated at over $400 million annually. 6. Annual personal income tax revenue growth is assumed at 4%. 7. No assumption is made regarding the potential effect on Delaware revenues from pending f …

… rsonal income tax revenue growth is assumed at 4%. 7. No assumption is made regarding the potential effect on Delaware revenues from pending federal legislation exempting overtime pay from federal taxation. Estimated General Fund Revenue Loss: …

… aware revenues from pending federal legislation exempting overtime pay from federal taxation. Estimated General Fund Revenue Loss: Fiscal Year 2026:$0 Fiscal Year 2027:$31.4 million Fiscal Year 2028:$32.6 million Prepared by Robert Scogliet …

Search inside this document

Referenced entities

Vendors named in this document

1 mention