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132nd MAINE LEGISLATURE |
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LD 1493 |
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LR 1865(03) |
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An Act to Limit
Corporate Use of the Visual Media Production Credit |
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Fiscal Note for
Bill as Engrossed with:
C "A" (S-313) |
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Committee: Taxation |
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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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($4,750) |
($4,750) |
($4,750) |
($4,750) |
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| Revenue |
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General Fund |
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$4,750 |
$4,750 |
$4,750 |
$4,750 |
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Other Special Revenue Funds |
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$250 |
$250 |
$250 |
$250 |
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| Fiscal Detail
and Notes |
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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. |
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