128th MAINE LEGISLATURE
		LD 1144		LR 1959(02)
	An Act To Support Maine Families by Increasing the Dependent Care Credit
	Fiscal Note for Bill as Amended by Committee Amendment " "
	Committee: Taxation
	Fiscal Note Required: Yes
Fiscal Note
			FY 2017-18	FY 2018-19	Projections  FY 2019-20	Projections  FY 2020-21
Net Cost (Savings)
	General Fund		$3,675,000	$3,724,000	$3,657,500	$3,657,500
Revenue
	General Fund		($3,675,000)	($3,724,000)	($3,657,500)	($3,657,500)
	Other Special Revenue Funds		($75,000)	($76,000)	($192,500)	($192,500)
Fiscal Detail and Notes
	The provisions of this bill would result in a reduction in General Fund revenue of $3,675,000 in fiscal year 2017-18 and $3,724,000 in fiscal year 2018-19 and a reduction in Local Government Fund revenue of $75,000 in fiscal year 2017-18 and $76,000 in fiscal year 2018-19.
	Additional costs to the Department of Administrative and Financial Services associated with this legislation can be absorbed within existing budgeted resources.