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132nd MAINE LEGISLATURE |
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LD 609 |
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LR 1775(27) |
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An Act Making
Certain Appropriations and Allocations and Changing Certain Provisions of Law
Necessary to the Proper Operations of State Government |
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Fiscal Note for
House Amendment " " to Committee Amendment "A" |
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Sponsor: Rep. Libby of Auburn |
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Fiscal Note Required: Yes |
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| Fiscal Note |
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FY 2025-26 |
FY 2026-27 |
Projections FY 2027-28 |
Projections FY 2028-29 |
| Net Cost
(Savings) |
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General Fund |
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$0 |
$1,509,606,384 |
$3,154,760,000 |
$3,325,950,000 |
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| Revenue |
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General Fund |
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$0 |
($1,509,606,384) |
($3,154,760,000) |
($3,325,950,000) |
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Other Special Revenue Funds |
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$0 |
($79,452,968) |
($166,040,000) |
($175,050,000) |
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| Fiscal Detail
and Notes |
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This amendment
includes a revenue decrease to the Bureau of Revenue Services within the
Department of
Administrative and Financial Services of $1,509,606,384 in fiscal year
2026-27 by eliminating the Maine income tax beginning January 1, 2027. |
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