124th MAINE LEGISLATURE
		LD 1154		LR 1612(01)
	Resolve, To Establish a Study Commission To Review Tax Increment Financing in the Unorganized Territory
	Preliminary Fiscal Impact Statement for Original Bill
	Sponsor: Sen. Nass of York
	Committee: Taxation
	Fiscal Note Required: Yes
Preliminary Fiscal Impact Statement
Legislative Cost/Study
Legislative Cost/Study
	The general operating expenses of this study are projected to be $4,290 in fiscal year 2009-10.  The Legislature's proposed budget includes $20,000 in fiscal year 2009-10 for legislative studies.  Whether this amount is sufficient to fund all studies will depend on the number of studies authorized by the Legislative Council and the Legislature.
Fiscal Detail and Notes
	The Department of Economic and Community Development, the Department of Audit and Maine Revenue Services can absorb the minor additional costs of serving on the commission.