121st Maine Legislature
		Office of Fiscal and Program Review
		LD 1813
		An Act To Make Minor Substantive Changes to the Tax Laws
		LR 2504(04)
		Fiscal Note for Bill as Amended by Committee Amendment " "
		Committee: Taxation
		Fiscal Note Required: Yes
Fiscal Note
					Projections	Projections
			2003-04	2004-05	2005-06	2006-07
Net Cost (Savings)
	General Fund		$0	($28,053)	$20,039	$20,964
Revenue
	General Fund		$0	$28,053	($20,039)	($20,964)
	Other Special Revenue Funds		$0	$1,508	($1,099)	($1,149)
Fiscal Detail and Notes
	This bill will result in a net increase in General Fund Revenue of $28,053 in fiscal year 2004-05 and a net decrease in General Fund revenue of $20,039 in fiscal year 2005-06 and $20,964 in fiscal year 2006-07.
					Projections	Projections
			2003-04	2004-05	2005-06	2006-07
General Fund  - Individual income tax			$0	$70,824	$58,980	$61,339
General Fund  - Corporate income tax			$0	($21,350)	($54,173)	($56,339)
General Fund - Sales and use tax			$0	($21,421)	($24,846)	($25,964)
Other Special Revenue Funds - Individual income tax			$0	$3,806	$3,235	$3,365
Other Special Revenue Funds - Corporate income tax			$0	($1,147)	($2,971)	($3,090)
Other Special Revenue Funds - Sales and use tax			$0	($1,151)	($1,363)	($1,424)