| 122nd MAINE LEGISLATURE | |||||||||
| LD 1761 | LR 2956(06) | ||||||||
| An Act To Offer Financial Institutions an Option for Payment of the Maine Franchise Tax | |||||||||
| Fiscal Note for Senate Amendment " " | |||||||||
| Sponsor: Senator Strimling | |||||||||
| 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. | |||||||||