121st Maine Legislature
		Office of Fiscal and Program Review
		LD 1629
		RESOLUTION, Proposing a Competing Measure under the Constitution of Maine To Provide Property Tax Relief
		LR 2165(13)
						Fiscal Note for House Amendment " " to Committee Amendment "C"
		Sponsor: Rep. Woodbury
		Fiscal Note Required: Yes
Fiscal Note
					Projections	Projections
			2003-04	2004-05	2005-06	2006-07
Net Cost (Savings)
	General Fund		$0	$34,447,163	$35,772,548	$16,930,826
Appropriations/Allocations
	General Fund		$0	$34,447,163	$35,772,548	$16,930,826
Fiscal Detail and Notes
	This amendment increases the General Fund cost of the bill by $34,447,163 in fiscal year 2004-05.
					Projections	Projections
	General Fund Summary		2003-04	2004-05	2005-06	2006-07
	Department of Audit savings due to the elimination of the municipal cap		$0	$0	($40,000)	($80,000)
	Department of Education savings due to the elimination of the EPS changes		$0	$0	$0	($20,235,995)
	Additional cost associated with the expansion of the Maine Residents Property Tax program		$0	$34,447,163	$35,812,548	$37,246,821
	Net General Fund Cost (Savings)		$0	$34,447,163	$35,772,548	$16,930,826