127th MAINE LEGISLATURE
		LD 1367		LR 1983(01)
	RESOLUTION, Proposing an Amendment to the Constitution of Maine To Eliminate the Income Tax
	Preliminary Fiscal Impact Statement for Original Bill
	Sponsor: Rep. Fredette of Newport
	Committee: Taxation
	Fiscal Note Required: Yes
Preliminary Fiscal Impact Statement
Current biennium cost increase - General Fund
Referendum Costs		Month/Year	Election Type	Question	Length
		Nov-15	General	Referendum	Standard
	The Secretary of State's budget includes sufficient funds to accommodate one ballot of average length for the general election in November.  If the number or size of the referendum questions requires production and delivery of a second ballot, an additional appropriation of $107,250 may be required.
Fiscal Detail and Notes
	If this constitutional referendum is approved by the voters, General Fund revenue will decrease annually by approximately $1.7 billion and Local Government Fund revenue to municipalities would decrease by $90 million for any tax year beginning on or after Jamuary 1, 2020.