127th MAINE LEGISLATURE
		LD 787		LR 1317(03)
	An Act To Provide Tax Credits for Adult Day Care and Respite and Hospice Care
	Fiscal Note for Senate Amendment " " to Original Bill
	Sponsor: Sen. Saviello of Franklin
	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		$47,500	$47,500	$47,500	$47,500
Revenue
	General Fund		($47,500)	($47,500)	($47,500)	($47,500)
	Other Special Revenue Funds		($2,500)	($2,500)	($2,500)	($2,500)
Fiscal Detail and Notes
	This amendment specifies that the credit is for expenses paid for a dependent for adult day care, hospice services and respite care.  The incremental effect over the committee amendment is an additional annual reduction in General Fund revenues of $47,500 and a reduction in Local Government Fund revenues of $2,500 beginning in fiscal year 2015-16.