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127th MAINE LEGISLATURE |
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LD 1004 |
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LR 894(02) |
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An Act To Provide
Incentives To Foster Economic Growth and Build Infrastructure in the State by
Encouraging Visual Media Production |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Taxation |
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Fiscal Note Required: Yes |
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Fiscal Note |
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FY 2015-16 |
FY 2016-17 |
Projections FY 2017-18 |
Projections FY 2018-19 |
Net Cost
(Savings) |
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General Fund |
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$546,325 |
$2,142,725 |
$3,473,200 |
$3,473,200 |
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Appropriations/Allocations |
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General Fund |
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$11,000 |
$0 |
$0 |
$0 |
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Revenue |
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General Fund |
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($535,325) |
($2,142,725) |
($3,473,200) |
($3,473,200) |
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Other Special Revenue Funds |
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($28,175) |
($112,775) |
($182,800) |
($182,800) |
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Fiscal Detail
and Notes |
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This legislation
makes changes to the visual media production reimbursement and would result
in a reduction in General Fund revenue of $535,325 in fiscal year 2015-16 and
$2,142,725 in fiscal year 2016-17 and a reduction in Local Government Fund
revenue of $28,175 in fiscal year 2015-16 and $112,775 in fiscal year
2016-17. The bill includes a one-time
General Fund appropriation to the Department of Administrative and Financial
Services of $11,000 in fiscal year 2015-16 for computer programming charges. |
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