| 123rd MAINE LEGISLATURE | ||||||
| LD 1485 | LR 1792(01) | |||||
| An Act Relating to Automotive Core Parts | ||||||
| Fiscal Note for Original Bill | ||||||
| Sponsor: Rep. Mills, J. of Farmington | ||||||
| Committee: Taxation | ||||||
| Fiscal Note Required: Yes | ||||||
| Fiscal Note | ||||||
| 2007-08 | 2008-09 | Projections 2009-10 | Projections 2010-11 | |||
| Net Cost (Savings) | ||||||
| General Fund | $4,304,899 | $6,457,348 | $6,831,875 | $7,241,787 | ||
| Revenue | ||||||
| General Fund | ($4,304,899) | ($6,457,348) | ($6,831,875) | ($7,241,787) | ||
| Other Special Revenue Funds | ($236,134) | ($354,201) | ($374,744) | ($397,229) | ||
| Fiscal Detail and Notes | ||||||
| Providing a trade-in credit for core vehicle parts will reduce General Fund revenue by an estimated $4,304,899 in fiscal year 2007-08 and $6,457,348 in fiscal year 2008-09. | ||||||