Fiscal Note

HB 174 -HA 1 — Fiscal Note/Fee Impact

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Mentions of “Revenue” — 8 found

… collected and deposited into the Fund. Affected Entities: Department of Justice; Department of Finance, Division of Revenue Fiscal Impact: Retailers will remit the surcharge quarterly to the Department of Finance, Division of Revenue, and …

… sion of Revenue Fiscal Impact: Retailers will remit the surcharge quarterly to the Department of Finance, Division of Revenue, and retailers may retain 3 percent of the collected surcharge. Based on prior historical collections data, the Dep …

… s data, the Department of Finance estimates that this additional surcharge will generate an estimated $2,100,000 of revenue annually. Revenue is projected to increase by 1% annually, reflecting population growth estimates. The timing of wh …

… rtment of Finance estimates that this additional surcharge will generate an estimated $2,100,000 of revenue annually. Revenue is projected to increase by 1% annually, reflecting population growth estimates. The timing of when surcharge colle …

… timing of when surcharge collections could begin will depend upon the enactment of this Act and when the Division of Revenue can complete system enhancement and testing. For this fee impact statement, the surcharge is assumed to be in place d …

… ollections. Fiscal Year 2026: $1,575,000 Fiscal Year 2027: $2,121,000 Fiscal Year 2028: $2,142,210 Intended Use of Revenue: The revenue generated from this surcharge shall be deposited in the Fund. Revenue may be expended for agency admini …

… Fiscal Year 2026: $1,575,000 Fiscal Year 2027: $2,121,000 Fiscal Year 2028: $2,142,210 Intended Use of Revenue: The revenue generated from this surcharge shall be deposited in the Fund. Revenue may be expended for agency administrative expen …

… r 2028: $2,142,210 Intended Use of Revenue: The revenue generated from this surcharge shall be deposited in the Fund. Revenue may be expended for agency administrative expenses and eligible claims, consistent with the provisions of this Act. B …

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Referenced entities

Vendors named in this document

1 mention

Statutes cited

29 Del. C. § 913