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123rd MAINE LEGISLATURE |
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LD 2222 |
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LR 3483(02) |
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Resolve, To Assist
Maine's Forest Products Industry |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Taxation |
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Fiscal Note Required: Yes |
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Fiscal Note |
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2007-08 |
2008-09 |
Projections 2009-10 |
Projections 2010-11 |
Net Cost
(Savings) |
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General Fund |
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$474,500 |
($474,500) |
$0 |
$0 |
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Revenue |
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General Fund |
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($474,500) |
$474,500 |
$0 |
$0 |
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Other Special Revenue Funds |
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($25,500) |
$25,500 |
$0 |
$0 |
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Fiscal Detail
and Notes |
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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. |
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