121st Maine Legislature
		Office of Fiscal and Program Review
		LD 1769
		An Act To Provide for Fair Treatment of Taxpayers
		LR 2294(01)
		Fiscal Note for Original Bill
		Sponsor: Rep. Clough of Scarborough
		Committee: Taxation
		Fiscal Note Required: Yes
Fiscal Note
					Projections	Projections
			2003-04	2004-05	2005-06	2006-07
Net Cost (Savings)
	General Fund		$71,175	$759,200	$474,000	$474,000
Revenue
	General Fund		($71,175)	($759,200)	($474,000)	($474,000)
	Other Special Revenue Funds		($3,825)	($40,800)	($26,000)	($26,000)
Fiscal Detail and Notes
	This bill is expected to reduce income tax collections by $75,000 in fiscal year 2003-04 and $800,000 in fiscal year 2004-05.  This revenue loss will result in a General Fund revenue decrease of $71,175 in fiscal year 2003-04 and $759,200 in fiscal year 2004-05.