Fiscal Note

SS 1 for SB 301 — Fiscal Note/Fee Impact

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Mentions of “Revenue” — 4 found

… to personal income taxes become effective upon implementation of the personal income tax release of the Integrated Revenue Administration System (IRAS). Provisions relating to employer tax credits become effective upon the implementation o …

… poses of this analysis, it is assumed the out-of-pocket costs per donor would equal $1,500. The annual fiscal impact (revenue loss) resulting from the donor credit would be $28,500. 6.Assuming all 19 donors are employed, and their employers wou …

… all 19 donors are employed, and their employers would claim the full credit for 30 days of paid leave, the potential revenue loss, assuming an average salary of $50,263, would be approximately $30,000. Estimated General Fund Revenue Loss: F …

… otential revenue loss, assuming an average salary of $50,263, would be approximately $30,000. Estimated General Fund Revenue Loss: Fiscal Year 2023: $0 Fiscal Year 2024: $28,500 Fiscal Year 2025: $58,500 Prepared by Robert Scoglietti Offic …

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