122nd MAINE LEGISLATURE
		LD 236		LR 1416(01)
	An Act To Change Nonresident Income Tax Filing Requirements
	Fiscal Note for Original Bill
	Sponsor: Rep. McCormick of West Gardiner
	Committee: Taxation
	Fiscal Note Required: Yes
Fiscal Note
					Projections	Projections
			2005-06	2006-07	2007-08	2008-09
Net Cost (Savings)
	General Fund		$1,919,700	$1,919,700	$1,919,700	$1,919,700
Revenue
	General Fund		($1,919,700)	($1,919,700)	($1,919,700)	($1,919,700)
	Other Special Revenue Funds		($105,300)	($105,300)	($105,300)	($105,300)
Fiscal Detail and Notes
	This bill is expected to reduce General Fund revenue by $1,919,700 annually, beginning in fiscal year 2005-06 as a result of the changes in nonresident income tax provisions.