Department of Taxation (161)
| Request Title | Increase land preservation tax credit transfer fee |
| Biennium | 2016-2018 |
| Budget Round | Amended Bill |
| Category | Savings Strategies - Proposed |
| Region | Multiple Regions |
Description
|
Increases revenue by adjusting the land preservation transfer fee from two percent to three percent of the value of the asset being transferred. |
Funding Summary
| Object Type | FY 2016 | FY 2017 | |
| General Fund Dollars | $0 | $0 | |
| Nongeneral Fund Dollars | $0 | $0 | |
| General Fund Positions | 0.00 | 0.00 | |
| Nongeneral Positions | 0.00 | 0.00 | |
| General Fund Transfers | $0 | $0 | |
| General Fund Revenue | $0 | $1,000,000 | |
| Layoffs | $0 | $0 | |
| Additions to Balance | $0 | $0 |
Funding Details
| By Program | Program Code | Program Title | FY 2016 | FY 2017 |
| By Fund | Fund Code | Fund Title | FY 2016 | FY 2017 |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2016 | FY 2017 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 08-01-2025 07:19:54
