|
|
|
|
|
|
|
|
128th MAINE LEGISLATURE |
|
|
LD 1655 |
|
LR 2770(08) |
|
|
|
An Act To Conform
to the United States Internal Revenue Code of 1986 and Provide Tax Relief to
Maine Families |
|
Fiscal Note for
Bill as Engrossed with:
C "B" (S-477)
S "A" (S-496) to C "B" (S-477) |
|
Committee: Taxation |
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Fiscal Note |
|
|
|
|
|
|
|
|
|
|
FY 2017-18 |
FY 2018-19 |
Projections FY 2019-20 |
Projections FY 2020-21 |
| Net Cost
(Savings) |
|
|
|
|
|
|
General Fund |
|
$0 |
$22,410,320 |
$19,875,900 |
$26,999,000 |
|
|
|
|
|
|
|
| Appropriations/Allocations |
|
|
|
|
|
|
General Fund |
|
$0 |
$229,000 |
$0 |
$0 |
|
|
|
|
|
|
|
| Revenue |
|
|
|
|
|
|
General Fund |
|
$0 |
($22,181,320) |
($19,875,900) |
($26,999,000) |
|
Other Special Revenue Funds |
|
$0 |
($452,680) |
($1,046,100) |
($1,421,000) |
|
|
|
|
|
|
|
| Fiscal Detail
and Notes |
|
|
|
|
|
|
This bill reduces
General Fund revenue by an estimated $22,181,320 in fiscal year 2018-19.
Local Government Fund revenue will be reduced by an estimated $452,680 in
fiscal year 2018-19. The bill provides a one-time General Fund appropriation
of $229,000 in fiscal year 2018-19 to the Department of Administrative and
Financial Services for computer programming costs. |
|
|
|
|
|
|
|