| 124th MAINE LEGISLATURE | ||||||
| LD 1539 | LR 2218(01) | |||||
| An Act Concerning Technical Changes to the Tax Laws | ||||||
| Preliminary Fiscal Impact Statement for Original Bill | ||||||
| Sponsor: Rep. Watson of Bath | ||||||
| Committee: Taxation | ||||||
| Fiscal Note Required: No | ||||||
| Preliminary Fiscal Impact Statement | ||||||
| No significant revenue impact Minor cost increase - General Fund |
||||||
| Fiscal Detail and Notes | ||||||
| This bill makes a range of technical changes to the Maine Tax Code (Title 36 Maine Revised Statutes), clarifies the status and availability of several tax credits, refunds and reimbursements and authorizes the State Tax Assessor to enter into certain agreements with governmental entities and share information in order to enforce the Maine tax laws. These changes will have no significant impact on tax revenue and any additional administrative costs can be absorbed within existing budgeted resources. | ||||||