| 121st Maine Legislature | |||||||
| Office of Fiscal and Program Review | |||||||
| LD 1684 | |||||||
| An Act To Make Retirement Benefits More Equitable by Imposing a Surcharge on Income from Congressional Retirement Benefits | |||||||
| LR 2238(02) | |||||||
| Fiscal Note for Bill as Amended by Committee Amendment " " | |||||||
| Committee: Taxation | |||||||
| Fiscal Note Required: Yes | |||||||
| Fiscal Note | |||||||
| Potential current biennium revenue increase - General Fund | |||||||
| Fiscal Detail and Notes | |||||||
| This bill will increase income tax collections and result in an increase in General Fund revenue and an increase in Other Special Revenue funds transferred to the Local Government Fund for municipal revenue sharing. The amount of the increase can not be estimated at this time and will depend on the number of members of Congress that retire. | |||||||