| 123rd MAINE LEGISLATURE | ||||||
| LD 2222 | LR 3483(01) | |||||
| Resolve, To Assist Maine's Forest Products Industry | ||||||
| Fiscal Note for Original Bill | ||||||
| Sponsor: Rep. Piotti of Unity | ||||||
| Committee: Taxation | ||||||
| Fiscal Note Required: Yes | ||||||
| Fiscal Note | ||||||
| 2007-08 | 2008-09 | Projections 2009-10 | Projections 2010-11 | |||
| Net Cost (Savings) | ||||||
| General Fund | $474,500 | ($474,500) | $0 | $0 | ||
| Revenue | ||||||
| General Fund | ($474,500) | $474,500 | $0 | $0 | ||
| Other Special Revenue Funds | ($25,500) | $25,500 | $0 | $0 | ||
| Fiscal Detail and Notes | ||||||
| Changing the timing of the Business Equipment Tax Reimbursement period for certain persons engaged in the forestry or logging industry will reduce General Fund revenue by $474,500 in fiscal year 2007-08 and increase General Fund revenue by $474,500 in fiscal year 2008-09. | ||||||