123rd MAINE LEGISLATURE
LD 1556 LR 1104(02)
An Act To Recouple Maine Estate Tax with Federal Estate Tax
Fiscal Note for Bill as Amended by Committee Amendment "   "
Committee: Taxation
Fiscal Note Required: Yes
             
Fiscal Note
2007-08 2008-09 Projections 2009-10 Projections 2010-11
Net Cost (Savings)
General Fund $0 $20,623,786 $31,152,282 $2,661,581
Revenue
General Fund $0 ($20,623,786) ($31,152,282) ($2,661,581)
Fiscal Detail and Notes
The changes to the Estate Tax will reduce General Fund revenue by an estimated $20,623,786 in fiscal year 2008-09.