129th MAINE LEGISLATURE
LD 1256 LR 763(02)
An Act To Provide a Health Care Preceptor Tax Credit
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Taxation
Fiscal Note Required: Yes
             
Fiscal Note
FY 2019-20 FY 2020-21 Projections  FY 2021-22 Projections  FY 2022-23
Net Cost (Savings)
General Fund $0 $17,100 $22,800 $25,650
Revenue
General Fund $0 ($17,100) ($22,800) ($25,650)
Other Special Revenue Funds $0 ($900) ($1,200) ($1,350)
Fiscal Detail and Notes
The bill provides an income tax credit for health care preceptors and would result in a reduction in General Fund revenue of $17,100 and a reduction in Local Government Fund revenue of $900 in fiscal year 2020-21.