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130th MAINE LEGISLATURE |
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LD 201 |
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LR 780(03) |
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An Act To Reduce
Greenhouse Gas Emissions and Promote Weatherization in the Buildings Sector
by Extending the Sunset Date for the Historic Property Rehabilitation Tax
Credit |
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Fiscal Note for
Bill as Engrossed with:
C "A" (S-56) |
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Committee: Taxation |
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Fiscal Note |
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Future biennium revenue decrease - General Fund
Future biennium revenue decrease - Local Government Fund |
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Fiscal Detail
and Notes |
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This bill extends
the historic property rehabilitation tax credit an additional 5 years. There would be no revenue reduction from
this extension until fiscal year 2026-27.
The extension would be fully implemented in fiscal year 2029-30, when
it is estimated that General Fund revenue would be reduced by $9,500,000 and
Local Government Fund revenue by $500,000. |
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