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131st MAINE LEGISLATURE |
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LD 2028 |
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LR 2807(02) |
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An Act to Amend
Certain State Tax Laws |
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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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Minor revenue increase - General Fund
Minor revenue decrease - Other Special Revenue Funds |
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Fiscal Detail
and Notes |
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This bill
requires that transfers from the General Fund to several Other Special
Revenue Fund accounts be calculated after the reduction of General Fund
revenue for transfers of revenue attributable to tax collected on sales
occurring on tribal lands. This will ensure that not more than 100% of
revenue attributable to tax collected on sales occuring on tribal lands is
transferred out of the General Fund and will result in minor decreases in
revenue in the affected Other Special Revenue Funds accounts. |
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