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130th MAINE LEGISLATURE |
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LD 887 |
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LR 868(02) |
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An Act To Require
Uniform Adherence to Internal Revenue Service Guidelines by Maine Nonprofit
Organizations |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Judiciary |
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Fiscal Note Required: Yes |
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Fiscal Note |
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FY 2021-22 |
FY 2022-23 |
Projections FY 2023-24 |
Projections FY 2024-25 |
Net Cost
(Savings) |
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General Fund |
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$212,890 |
$0 |
$0 |
$0 |
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Appropriations/Allocations |
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General Fund |
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$212,890 |
$0 |
$0 |
$0 |
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Fiscal Detail
and Notes |
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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. |
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