This Fiscal Note is not an official copy and should not be quoted or cited.
Fiscal Note - SB 0508 - Allows Electronic Filing of W-2
L.R. NO. 2437-01
BILL NO. SB 508
SUBJECT: ADMINISTRATIVE RULES; TAXATION
TYPE: Original
DATE: January 8, 1996
FISCAL SUMMARY
ESTIMATED NET EFFECT ON STATE FUNDS
FUND AFFECTED FY 1997 FY 1998 FY 1999
None
Total Estimated
Net Effect on All
State Funds $0 $0 $0
ESTIMATED NET EFFECT ON FEDERAL FUNDS
FUND AFFECTED FY 1997 FY 1998 FY 1999
None
Total Estimated
Net Effect on All
Federal Funds $0 $0 $0
ESTIMATED NET EFFECT ON LOCAL FUNDS
FUND AFFECTED FY 1997 FY 1998 FY 1999
Local Government $0 $0 $0
FISCAL ANALYSIS
ASSUMPTION
Officials of the Department of Revenue (DOR) indicate that this proposal
would have no fiscal impact to their agency.
Oversight assumes that for the term of this fiscal note, there would be no
cost savings for the state, nor lost revenues to local governments.
FISCAL IMPACT - State Government FY 1997 FY 1998 FY 1999
(6 Mo.)
$0 $0 $0
FISCAL IMPACT - Local Government FY 1997 FY 1998 FY 1999
(6 Mo.)
$0 $0 $0
DESCRIPTION
This act authorizes the Department of Revenue to permit the electronic
transfer of a taxpayer's records from another taxing entity. When such
transfer occurs, the taxpayer shall not be required to file a duplicate paper
copy of such records.
This act shall be effective for all tax periods beginning on or after January
1, 1997.
This legislation is not federally mandated, would not duplicate any other
program and would not require additional capital improvements or rental
space.
SOURCES OF INFORMATION
Department of Revenue
NOT RESPONDING: Office of Administration