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132nd MAINE LEGISLATURE |
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LD 785 |
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LR 235(02) |
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An Act to Enact
the Remaining Recommendations of the Task Force on Changes to the Maine
Indian Claims Settlement Implementing Act |
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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 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 |
$317,144 |
$568,485 |
$520,133 |
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| Appropriations/Allocations |
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General Fund |
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$0 |
$272,494 |
$107,735 |
$116,383 |
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| Revenue |
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General Fund |
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$0 |
($44,650) |
($460,750) |
($403,750) |
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Other Special Revenue Funds |
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$0 |
($2,350) |
($24,250) |
($21,250) |
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| Fiscal Detail
and Notes |
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The bill provides
an ongoing appropriation of $103,987 in fiscal year 2026-27 to the
Legislature for the costs of an additional Legislative member representing
the Mi'kmaq Nation. The bill also provides an appropriation of $80,047 in
fiscal year 2026-27 for the one-time cost of adding an additional member
including chamber renovations, systems modifications and programming
changes. |
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This bill would
result in a revenue decrease to the General Fund of $44,650 in fiscal year
2026-27, $460,750 in fiscal year 2027-28 and $403,750 in fiscal year 2028-29
from changes to state tax law affecting the Wabanaki Nations resulting in a
loss in individual income tax and sales tax revenue. The bill would result in
a revenue decrease to the Local Government Fund and would result in increased
costs in future years from increasing reimbursements paid to municipalities
for property tax exemptions. The bill also includes a one-time General Fund
appropriation to the Department of Administrative and Financial Services,
Bureau of Revenue Services of $88,460 in fiscal year 2026-27 for
administrative costs. |
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