| 122nd MAINE LEGISLATURE | |||||||||
| LD 1090 | LR 1860(02) | ||||||||
| An Act To Create a Grandparent-to-grandchild Exemption in the Real Estate Transfer Tax | |||||||||
| 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 | $3,128 | $3,147 | $3,166 | $3,185 | |||||
| Revenue | |||||||||
| General Fund | ($3,128) | ($3,147) | ($3,166) | ($3,185) | |||||
| Other Special Revenue Funds | ($3,128) | ($3,147) | ($3,166) | ($3,185) | |||||
| Fiscal Detail and Notes | |||||||||
| This bill will reduce General Fund revenue by $3,128 in fiscal year 2005-06 and $3,147 in fiscal year 2006-07. This bill also reduces Other Special Revenue funds for the Housing Opportunities for Maine Fund within the Maine State Housing Authority by the same amounts. | |||||||||