121st Maine Legislature
Office of Fiscal and Program Review
LD 514
An Act To Increase the Personal Income Tax Exemption      
LR1472(01)
Fiscal Note for Original Bill
Sponsor: Rep. Cressey of Baldwin
Committee:  Taxation
Fiscal Note Required: Yes
   
             
Fiscal Note
Current biennium revenue decrease - General Fund
Fiscal Detail and Notes
Increasing the personal income tax exemption is expected to reduce General Fund revenue by approximately $160,000,000 per year.