132nd MAINE LEGISLATURE
LD 1951 LR 1100(04)
An Act to Promote Food Processing and Manufacturing Facility Expansion and Create Jobs
Fiscal Note for Senate Amendment " " to Committee Amendment "A"
Sponsor: Sen. Rotundo of Androscoggin
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 ($256,500) ($1,425,000) $0 $0
Revenue
General Fund $256,500 $1,425,000 $0 $0
Other Special Revenue Funds $13,500 $75,000 $0 $0
Fiscal Detail and Notes
This amendment changes the beginning tax year from January 1, 2026 to January 1, 2027. This would remove the revenue decrease to the General Fund of $256,500 in fiscal year 2025-26 and reduce the revenue decrease by $1,425,000 in fiscal year 2026-27. The amendment would also remove the revenue decrease to the Local Government Fund of $13,500 in fiscal year 2025-26 and reduce the revenue decrease by $75,000 in fiscal year 2026-27. As amended, the remaining General Fund revenue decrease will be $256,500 in fiscal year 2026-27.