124th MAINE LEGISLATURE
LD 799 LR 414(02)
An Act To Encourage Clean Fuel Vehicle Economic and Infrastructure Development by Extending the Tax Credit 
Fiscal Note for Bill as Amended by Committee Amendment "   "
Committee: Taxation
Fiscal Note Required: Yes
             
Fiscal Note
2009-10 2010-11 Projections 2011-12 Projections 2012-13
Net Cost (Savings)
General Fund $1,965 $2,161 $2,377 $2,615
Revenue
General Fund ($1,965) ($2,161) ($2,377) ($2,615)
Other Special Revenue Funds ($108) ($119) ($130) ($143)
Fiscal Detail and Notes
Extending the Clean Fuel Credit to December 31, 2014 will decrease General Fund Revenue by $1,965 in FY 2009-10 and $2161 in FY 2010-11. Revenue to the Local Government Fund will decrease by $108 in FY 2009-10 and $119 in FY 2010-11. Costs to Maine Revenue Services to extend the credit can be absorbed within existing budgeted resources.