127th MAINE LEGISLATURE
LD 365 LR 1218(04)
An Act To Provide a Tax Reduction for Modifications To Make a Home More Accessible for a Person with a Disability
Fiscal Note for Senate Amendment " " to Committee Amendment "A"
Sponsor: Sen. Hamper of Oxford
Fiscal Note Required: Yes
             
Fiscal Note
FY 2015-16 FY 2016-17 Projections  FY 2017-18 Projections  FY 2018-19
Net Cost (Savings)
General Fund ($50,000) ($93,250) ($25,625) ($10,425)
Appropriations/Allocations
General Fund ($50,000) ($22,000) $22,000 $0
Revenue
General Fund $0 $71,250 $47,625 $10,425
Other Special Revenue Funds $0 ($3,750) ($7,875) ($9,675)
Fiscal Detail and Notes
This amendment changes the effective date from tax years beginning on or after 1-1-16 to tax years beginning on or after 1-1-17.  It moves the General Fund appropriation of $22,000 in fiscal year 2016-17 to the Department of Administrative and Financial Services to fiscal year 2017-18.  It also eliminates the General Fund and Local Government Fund revenue reductions in fiscal year 2016-17 of $71,250 and $3,750, respectively.
The amendment eliminates the $50,000 General Fund appropriation in fiscal year 2015-16 to the Maine State Housing Authority.  As amended, this bill includes General Fund appropriations of $50,000 per year beginning in fiscal year 2016-17 to a newly created Home Modification Certification program within the Maine State Housing Authority for the cost of making the required certification.