132nd MAINE LEGISLATURE
		LD 366		LR 716(03)
	An Act to Ensure Consistency of Income Tax Deductions for Retired Members of the Uniformed Services
	Fiscal Note for Bill as Engrossed with: C "A" (S-212)
	Committee: Taxation
Fiscal Note
			FY 2025-26	FY 2026-27	Projections  FY 2027-28	Projections  FY 2028-29
Net Cost (Savings)
	General Fund		$0	$47,500	$47,500	$47,500
Revenue
	General Fund		$0	($47,500)	($47,500)	($47,500)
	Other Special Revenue Funds		$0	($2,500)	($2,500)	($2,500)
Fiscal Detail and Notes
	This bill includes an ongoing revenue decrease to the General Fund of $47,500 due to expanding eligibility for the pension income deduction effective January 1, 2026. This bill also includes an ongoing revenue decrease to the Local Government Fund of $2,500.