125th MAINE LEGISLATURE
LD 433 LR 1491(02)
An Act To Exempt from Income Tax the Income of Nonresidents Working in Maine Pursuant to an Interlocal Agreement
Fiscal Note for Bill as Amended by Committee Amendment "   "
Committee: Taxation
Fiscal Note Required: Yes
             
Fiscal Note
Minor revenue decrease - General Fund
Fiscal Detail and Notes
Exempting the income of nonresidents working in Maine as employees of a political subdivision of an adjoining state pursuant to an interlocal agreement from taxation may result in a minor decrease to General Fund revenue.  Any administrative costs to administer the exemption can be absorbed by Maine Revenue Services within existing budgeted resources.