| 122nd MAINE LEGISLATURE | |||||||||
| LD 436 | LR 0391(02) | ||||||||
| An Act To Eliminate Estate Taxes on Family-owned Businesses | |||||||||
| Fiscal Note for Bill as Amended by Committee Amendment " " | |||||||||
| Committee: Taxation | |||||||||
| Fiscal Note Required: Yes | |||||||||
| Fiscal Note | |||||||||
| Projections | Projections | ||||||||
| 2005-06 | 2006-07 | 2007-08 | 2008-09 | ||||||
| Net Cost (Savings) | |||||||||
| General Fund | $9,492,017 | $12,690,438 | $13,851,959 | $14,954,940 | |||||
| Revenue | |||||||||
| General Fund | ($9,492,017) | ($12,690,438) | ($13,851,959) | ($14,954,940) | |||||
| Fiscal Detail and Notes | |||||||||
| This bill is expected to reduce General Fund revenue by $9,492,017 in fscal year 2005-06 and $12,690,438 in fiscal year 2006-07. | |||||||||