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130th MAINE LEGISLATURE |
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LD 220 |
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LR 1970(13) |
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An Act To Make
Supplemental Appropriations and Allocations for the Expenditures of State
Government and To Change Certain Provisions of the Law Necessary to the
Proper Operations of State Government for the Fiscal Year Ending June 30,
2021 |
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Fiscal Note for
House Amendment " " to Committee Amendment "A" |
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Sponsor: Rep. Dillingham of Oxford |
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Fiscal Note Required: Yes |
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| Fiscal Note |
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FY 2020-21 |
FY 2021-22 |
FY 2022-23 |
Projections FY 2023-24 |
Projections FY 2024-25 |
| Net Cost
(Savings) |
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General Fund |
$4,331,250 |
$1,425,000 |
($484,500) |
($437,000) |
($403,750) |
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| Revenue |
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General Fund |
($4,331,250) |
($1,425,000) |
$484,500 |
$437,000 |
$403,750 |
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Other Special Revenue Funds |
($168,750) |
($75,000) |
$25,500 |
$23,000 |
$21,250 |
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| Fiscal Detail
and Notes |
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This amendment
conforms to the federal Internal Revenue Code in terms of qualified
improvement property and would result in a reduction in General Fund and
Local Government Fund revenue of $4,331,250 and $168,750, respectively, in
fiscal year 2020-21. A balanced budget
is maintained. |
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