124th MAINE LEGISLATURE
		LD 1830		LR 2659(02)
	An Act To Make Administrative Changes to Tax Laws To Maintain a Balanced Budget
	Fiscal Note for Bill as Amended by Committee Amendment "       "
	Committee: Appropriations and Financial Affairs
	Fiscal Note Required: Yes
Fiscal Note
Contingent Revenue Increase - General Fund Contingent Revenue Increase - Other Special Revenue Funds Contingent current biennium savings - General Fund
Fiscal Detail and Notes
	Presented below is a summary of the revised fiscal impact of Public Law 2009, chapter 382.  The fiscal impact of that law has changed from its original fiscal impact as a result of its suspension pursuant to a people's veto.  That revised impact is also compared to the impact that would result with the one-year delay in the effective dates in this bill.  The impacts presented immediately below would occur only if the people's veto fails at the June 2010 referendum.
			2009-10	2010-11	2011-12	2012-13
	Summary of Revenue Effects - Original Fiscal Note for Public Law 2009, chapter 382:
	Individual Income Tax
	General Fund		($32,762,193)	($84,498,244)	($87,558,520)	($80,599,999)
	Local Government Fund		($1,724,326)	($4,447,276)	($4,608,344)	($4,242,106)
	Sales and Use Tax
	General Fund		$40,671,839	$79,476,224	$81,261,687	$85,358,183
	Local Government Fund		$2,140,623	$4,333,576	$4,503,893	$4,721,321
	Tourism Marketing Promotion Fund		$0	$2,861,732	$4,312,287	$4,346,929
	Tax and Rent Relief
	General Fund		$0	($808,753)	$0	$0
	Total General Fund Revenue		$7,909,646	($5,830,773)	($6,296,833)	$4,758,184
			2009-10	2010-11	2011-12	2012-13
	Summary of Revenue Effects - If people's veto fails and no date changes:
	Individual Income Tax
	General Fund		$0	($114,263,000)	($79,450,000)	($71,186,000)
	Local Government Fund		$0	($6,014,000)	($4,182,000)	($3,747,000)
	Sales and Use Tax
	General Fund		$0	$65,523,000	$70,743,000	$73,240,000
	Local Government Fund		$0	$3,449,000	$3,929,000	$4,074,000
	Tourism Marketing Promotion Fund		$0	$0	$3,911,000	$4,171,000
	Tax and Rent Relief
	General Fund		$0	($809,000)	$0	$0
	Total General Fund Revenue		$0	($49,549,000)	($8,707,000)	$2,054,000
			2009-10	2010-11	2011-12	2012-13
	Summary of Revenue Effects - If people's veto fails and effective dates delayed one year:
	Individual Income Tax
	General Fund		$0	($32,813,000)	($79,450,000)	($71,186,000)
	Local Government Fund		$0	($1,727,000)	($4,182,000)	($3,747,000)
	Sales and Use Tax
	General Fund		$0	$32,757,000	$72,110,000	$73,158,000
	Local Government Fund		$0	$1,724,000	$3,929,000	$4,074,000
	Tourism Marketing Promotion Fund		$0	$0	$2,544,000	$4,253,000
	Tax and Rent Relief
	General Fund		$0	$0	($935,000)	$0
	Total General Fund Revenue		$0	($56,000)	($8,275,000)	$1,972,000
	Net General Fund Revenue - LD 1830		$0	$49,493,000	$432,000	($82,000)
	This bill does not adjust the appropriations and allocations included in Public Law 2009, chapter 382.  However, the suspension of that law due to the people's veto has affected the timing and the amount of the administrative costs that would be incurred by Maine Revenue Services, Department of Administrative and Financial Services.  If the people's veto fails, the original appropriations included in the Act would become effective, except that the appropriations in fiscal year 2009-10 would lapse due to an effective date after the close of the fiscal year.  Presented below is a comparison of the total administrative costs of the original bill, the administrative costs as affected by the suspension due to the people's veto with no date changes and the administrative impact with the date changes.  All of these costs are contingent and would only occur if the people's veto fails.
			2009-10	2010-11	2011-12	2012-13
	Contingent General Fund Administrative Costs:
	Original appropriations in PL 2009, c. 382		$523,073	$1,511,091	$967,304	$1,015,664
	Costs with suspension by people's veto		$0	$1,535,804	$1,140,890	$1,050,934
	Costs with suspension and one-year delay		$0	$635,479	$1,542,013	$1,062,878