121st Maine Legislature | |||||||
Office of Fiscal and Program Review | |||||||
LD 1151 | |||||||
An Act Relating to Tax Credits for Historic Preservation | |||||||
LR 1166(01) | |||||||
Fiscal Note for Original Bill | |||||||
Sponsor: Sen. Mayo of Sagadahoc | |||||||
Committee: Taxation | |||||||
Fiscal Note Required: Yes | |||||||
Fiscal Note | |||||||
Current biennium revenue decrease - General Fund | |||||||
Fiscal Detail and Notes | |||||||
This bill expands the tax credit for rehabilitation of historic properties. This change will reduce General Fund revenue by approximately $50,000 to $150,000 per year. | |||||||