127th MAINE LEGISLATURE
		LD 787		LR 1317(01)
	An Act To Provide Tax Credits for Adult Day Care and Respite and Hospice Care
	Preliminary Fiscal Impact Statement for Original Bill
	Sponsor: Rep. Harlow of Portland
	Committee: Taxation
	Fiscal Note Required: Yes
Preliminary Fiscal Impact Statement
			FY 2015-16	FY 2016-17	Projections  FY 2017-18	Projections  FY 2018-19
Net Cost (Savings)
	General Fund		$95,000	$95,000	$95,000	$95,000
Revenue
	General Fund		($95,000)	($95,000)	($95,000)	($95,000)
	Other Special Revenue Funds		($5,000)	($5,000)	($5,000)	($5,000)
Fiscal Detail and Notes
	The bill expands eligibility for the income tax credit for child and dependent care expenses to include expenses paid for adult day care, respite care and hospice care and would result in a reduction in General Fund revenue of $95,000 beginning in fiscal year 2015-16 and a reduction in Local Government Fund revenue of $5,000 beginning in fiscal year 2015-16.