130th MAINE LEGISLATURE
LD 887 LR 868(02)
An Act To Require Uniform Adherence to Internal Revenue Service Guidelines by Maine Nonprofit Organizations
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Judiciary
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 $212,890 $0 $0 $0
Appropriations/Allocations
General Fund $212,890 $0 $0 $0
Fiscal Detail and Notes
The bill includes a one-time General Fund appropriation of $212,890 in fiscal year 2021-22 to the Department of Secretary of State to review the current level of adherence to IRS and state tax guidance by nonprofits.