122nd MAINE LEGISLATURE
		LD 1761		LR 2956(05)
	An Act To Offer Financial Institutions an Option for Payment of the Maine Franchise Tax
	Fiscal Note for House Amendment "   "
	Sponsor: Rep. Hutton
	Fiscal Note Required: Yes
Fiscal Note
					Projections	Projections
			2005-06	2006-07	2007-08	2008-09
Net Cost (Savings)
	General Fund		$0	$8,000	$5,000	$5,000
Appropriations/Allocations
	General Fund		$0	$8,000	$5,000	$5,000
Fiscal Detail and Notes
	This amendment will increase the General Fund cost of the bill by $8,000 in fiscal year 2006-07.  As amended, this bill includes a General Fund appropriation of $8,000 in fiscal year 2006-07 for the Employment Security Services program within the Department of Labor for the costs associated with annually calculating the liveable wage for various household sizes.  Of this amount, $3,000 is for the one-time costs for programming and other set up expenses.  The Employment Security Services program will require General Fund appropriations of $5,000 per year beginning in fiscal year 2006-07 for the ongoing costs associated with annual data collection and analysis.