121st Maine Legislature
		Office of Fiscal and Program Review
		LD 1135
		An Act To Provide a Tax Credit to Employers Who Contribute to Employee Health Care Benefits
		LR 1333(01)
		Fiscal Note for Original Bill
		Sponsor: Rep. McLaughlin of Cape Elizabeth
		Committee:  Taxation
		Fiscal Note Required: Yes
Fiscal Note
Current biennium revenue decrease - General Fund
Fiscal Detail and Notes
	This bill expands the income tax credit for certain businesses that provide health insurance.  This change is expected to reduce General Fund revenue by $1,000,000 to $5,000,000 annually.  Maine Revenue Services will require a General Fund appropriation of $16,352 in fiscal year 2004-05 for the administrative costs associated with this change.