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130th MAINE LEGISLATURE |
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LD 978 |
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LR 649(02) |
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An Act To Create
an Access to Justice Income Tax Credit |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Taxation |
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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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$0 |
$24,062 |
$47,500 |
$66,500 |
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Revenue |
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General Fund |
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$0 |
($24,062) |
($47,500) |
($66,500) |
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Other Special Revenue Funds |
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$0 |
($938) |
($2,500) |
($3,500) |
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Fiscal Detail
and Notes |
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The bill provides
an income tax credit for certain attorneys practicing in the State and will
reduce General Fund revenue by $24,062 in fiscal year 2022-23 and reduce
Local Government Fund revenue by $938 in fiscal year 2022-23. |
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