| 122nd MAINE LEGISLATURE | |||||||||
| LD 1059 | LR 0167(02) | ||||||||
| An Act To Reduce Maine's Income Tax Burden | |||||||||
| Fiscal Note for Bill as Amended by Committee Amendment " " | |||||||||
| Committee: Taxation | |||||||||
| Fiscal Note Required: Yes | |||||||||
| Minority Report | |||||||||
| Fiscal Note | |||||||||
| Projections | Projections | ||||||||
| 2005-06 | 2006-07 | 2007-08 | 2008-09 | ||||||
| Net Cost (Savings) | |||||||||
| General Fund | $163,829,398 | $416,945,818 | $435,708,380 | $455,315,257 | |||||
| Revenue | |||||||||
| General Fund | ($163,829,398) | ($416,945,818) | ($435,708,380) | ($455,315,257) | |||||
| Other Special Revenue Funds | ($8,986,423) | ($22,870,446) | ($23,899,616) | ($24,975,098) | |||||
| Fiscal Detail and Notes | |||||||||
| This bill is expected to reduce General Fund income tax revenue by $163,829,398 in fiscal year 2005-06 and $416,945,818 in fiscal year 2006-07. | |||||||||