| 122nd MAINE LEGISLATURE | |||||||||
| LD 236 | LR 1416(02) | ||||||||
| An Act To Change Nonresident Income Tax Filing Requirements | |||||||||
| Fiscal Note for Bill as Amended by Committee Amendment " " | |||||||||
| Committee: Taxation | |||||||||
| Fiscal Note Required: Yes | |||||||||
| Fiscal Note | |||||||||
| Projections | Projections | ||||||||
| 2005-06 | 2006-07 | 2007-08 | 2008-09 | ||||||
| Net Cost (Savings) | |||||||||
| General Fund | $1,921,725 | $1,921,725 | $1,919,700 | $1,919,700 | |||||
| Revenue | |||||||||
| General Fund | ($1,921,725) | ($1,921,725) | ($1,919,700) | ($1,919,700) | |||||
| Other Special Revenue Funds | ($103,275) | ($103,275) | ($105,300) | ($105,300) | |||||
| Fiscal Detail and Notes | |||||||||
| This bill is expected to reduce General Fund revenue by $1,921,725 in fiscal year 2005-06 and in fiscal year 2006-07 as a result of the changes in nonresident income tax provisions. | |||||||||