130th MAINE LEGISLATURE
LD 220 LR 1970(16)
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
Fiscal Note for House Amendment " " to Committee Amendment "A"
Sponsor: Rep. Dillingham of Oxford
Fiscal Note Required: Yes
             
Fiscal Note
FY 2021-22 FY 2022-23 Projections  FY 2023-24 Projections  FY 2024-25
Net Cost (Savings)
General Fund $2,755,000 $2,061,500 $427,500 $0
Revenue
General Fund ($2,755,000) ($2,061,500) ($427,500) $0
Other Special Revenue Funds ($145,000) ($108,500) ($22,500) $0
Fiscal Detail and Notes
This amendment conforms to the federal Internal Revenue Code in terms of business meals and would result in a reduction in General Fund revenue of $2,755,000 in fiscal year 2021-22 and $2,061,500 in fiscal year 2022-23.  It would also result in a reduction in Local Government Fund revenue of $145,000 in fiscal year 2021-22 and $108,500 in fiscal year 2022-23.  A balanced budget is maintained.