132nd MAINE LEGISLATURE
LD 1493 LR 1865(02)
An Act to Eliminate Tax and Wage Incentives for Visual Media Production Companies
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Taxation
Fiscal Note Required: Yes
             
Fiscal Note
FY 2025-26 FY 2026-27 Projections  FY 2027-28 Projections  FY 2028-29
Net Cost (Savings)
General Fund ($4,750) ($4,750) ($4,750) ($4,750)
Revenue
General Fund $4,750 $4,750 $4,750 $4,750
Other Special Revenue Funds $250 $250 $250 $250
Fiscal Detail and Notes
This bill includes an ongoing revenue increase to the General Fund of $4,750 by prohibiting advertisements and internally-used corporate media from claiming visual media wage reimbursement. The bill also includes an ongoing revenue increase to the Local Government Fund of $250.