|
|
|
|
|
|
|
|
125th MAINE LEGISLATURE |
|
|
LD 1164 |
|
LR 1774(02) |
|
|
|
An Act To Support
Maine Farms and Alleviate Hunger |
|
Fiscal Note for
Bill as Amended by Committee Amendment " " |
|
Committee: Taxation |
|
Fiscal Note Required: Yes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fiscal Note |
|
|
|
|
|
|
|
|
|
|
FY 2011-12 |
FY 2012-13 |
Projections FY 2013-14 |
Projections FY 2014-15 |
Net Cost
(Savings) |
|
|
|
|
|
|
General Fund |
|
$0 |
$817,000 |
$2,726,500 |
$2,726,500 |
|
|
|
|
|
|
|
Revenue |
|
|
|
|
|
|
General Fund |
|
$0 |
($817,000) |
($2,726,500) |
($2,726,500) |
|
Other Special Revenue Funds |
|
$0 |
($43,000) |
($143,500) |
($143,500) |
|
|
|
|
|
|
|
Fiscal Detail
and Notes |
|
|
|
|
|
|
Providing a
non-refundable income tax credit of up to $2,500 to persons engaged in
commercial agricultural production for donations of food to incorporated
nonprofit organizations that provide free food to low-income persons to
alleviate hunger will reduce revenues to the General Fund and reduce revenue
sharing. |
|
|
|
|
|
|
|