| 123rd MAINE LEGISLATURE | ||||||
| LD 1300 | LR 2393(02) | |||||
| An Act To Return a Portion of Sales, Lodging and Meals Taxes to Municipalities | ||||||
| Fiscal Note for Bill as Amended by Committee Amendment " " | ||||||
| Committee: Taxation | ||||||
| Fiscal Note Required: Yes | ||||||
| Fiscal Note | ||||||
| 2007-08 | 2008-09 | Projections 2009-10 | Projections 2010-11 | |||
| Net Cost (Savings) | ||||||
| General Fund | $0 | $0 | $4,576,337 | $9,654,740 | ||
| Revenue | ||||||
| General Fund | $0 | $0 | ($4,576,337) | ($9,654,740) | ||
| Fiscal Detail and Notes | ||||||
| The General Fund revenue loss associated with the local sales tax increment disbursements is estimated to be $4,576,337 in fiscal year 2009-10 and $9,654,740 in fiscal year 2010-11. | ||||||