123rd MAINE LEGISLATURE
		LD 236		LR 64(01)
	An Act To Exempt from the Income Tax Military Pay of Maine Residents Who Are Members of the Armed Services Stationed outside of the State Earned while on Active Duty
	Fiscal Note for Original Bill
	Sponsor: Sen. Plowman of Penobscot
	Committee: Taxation
	Fiscal Note Required: Yes
Fiscal Note
			2007-08	2008-09	Projections 2009-10	Projections 2010-11
Net Cost (Savings)
	General Fund		$2,583,920	$1,917,444	$1,975,318	$2,034,955
Appropriations/Allocations
	General Fund		$35,046	$35,826	$37,251	$38,746
Revenue
	General Fund		($2,548,874)	($1,881,618)	($1,938,067)	($1,996,209)
	Other Special Revenue Funds		($139,812)	($103,211)	($106,307)	($109,497)
Fiscal Detail and Notes
	The estimated General Fund cost of exempting certain military pay from the income tax is estimated to be $2,548,874 in fiscal year 2007-08 and $1,881,618 in fiscal year 2008-09.  Maine Revenue Services will also require General Fund appropriations of $35,046 in fiscal year 2007-08 and $35,826 in fiscal year 2008-09 for the related administrative costs, including funds for one part-time Tax Examiner position to audit a portion of the returns.