| 122nd MAINE LEGISLATURE | |||||||||
| LD 19 | LR 0528(02) | ||||||||
| An Act To Clarify the Law Regarding Transfer Tax Liability for Deeds between Domestic Partners | |||||||||
| Fiscal Note for Committee Amendment " " | |||||||||
| Committee: Taxation | |||||||||
| Majority Report | |||||||||
| Fiscal Note Required: Yes | |||||||||
| Fiscal Note | |||||||||
| Projections | Projections | ||||||||
| 2005-06 | 2006-07 | 2007-08 | 2008-09 | ||||||
| Net Cost (Savings) | |||||||||
| General Fund | $5,842 | $10,226 | $13,762 | $17,522 | |||||
| Revenue | |||||||||
| General Fund | ($5,842) | ($10,226) | ($13,762) | ($17,522) | |||||
| Other Special Revenue Funds | ($5,842) | ($10,226) | ($13,762) | ($17,522) | |||||
| Fiscal Detail and Notes | |||||||||
| This bill is expected to reduce both General Fund revenue and Other Special Revenue funds dedicated to the Housing Opportunities for Maine Fund by $5,842 in fiscal year 2005-06 and $10,226 in fiscal year 2006-07 due to the exemption of certain real estate transfers from the real estate transfer tax. | |||||||||