122nd MAINE LEGISLATURE
LD 1711 LR 2951(02)
An Act To Make Minor Substantive Changes to the Tax Laws
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 $0 ($2,703) ($11,387) ($23,065)
Revenue
General Fund  $0 $2,703 $11,387 $23,065
Other Special Revenue Funds $0 ($7,153) ($10,166) ($14,016)
Fiscal Detail and Notes
The changes to the Estate Tax and Individual Income Tax will result in a net General Fund revenue increase of $2,703 in fiscal year 2006-07.
General Fund Summary
Individual Income Tax $0 ($133,097) ($185,334) ($255,519)
Estate Tax $0 $135,800 $196,721 $278,584