| 123rd MAINE LEGISLATURE | ||||||
| LD 1697 | LR 226(05) | |||||
| An Act To Ensure Fair Wages | ||||||
| Fiscal Note for Senate Amendment " " | ||||||
| Sponsor: Sen. Courtney of York | ||||||
| Fiscal Note Required: Yes | ||||||
| Fiscal Note | ||||||
| 2007-08 | 2008-09 | Projections 2009-10 | Projections 2010-11 | |||
| Net Cost (Savings) | ||||||
| General Fund | $0 | $30,000 | $9,176,640 | $9,603,240 | ||
| Appropriations/Allocations | ||||||
| General Fund | $0 | $30,000 | $0 | $0 | ||
| Revenue | ||||||
| General Fund | $0 | $0 | ($9,176,640) | ($9,603,240) | ||
| Other Special Revenue Funds | $0 | $0 | ($503,360) | ($526,760) | ||
| Fiscal Detail and Notes | ||||||
| Lowering the sales tax on the value of certain fuels used by businesses with 50 or fewer employees will reduce General Fund revenue by $9,176,640 in fiscal year 2009-10 and $9,603,240 in fiscal year 2010-11. This amendment also includes a General Fund appropriation of $30,000 in fiscal year 2008-09 for Maine Revenue Services for the one-time expenses related to the change in the tax rate. | ||||||