123rd MAINE LEGISLATURE
LD 433 LR 1428(01)
An Act To Amend the Bond Requirements for Estates of Decedents
Fiscal Note for Original Bill
Sponsor: Sen. Hastings of Oxford
Committee: Judiciary
Fiscal Note Required: Yes
             
Fiscal Note
2007-08 2008-09 Projections 2009-10 Projections 2010-11
Net Cost (Savings)
General Fund $5,625 $16,875 $23,006 $23,696
Revenue
General Fund ($5,625) ($16,875) ($23,006) ($23,696)
Fiscal Detail and Notes
Repealing the judicial bond requirement will reduce Estate Tax revenue by an estimated $5,625 in fiscal year 2007-08 and $16,875 in fiscal year 2008-09.