| 122nd MAINE LEGISLATURE | |||||||||
| LD 325 | LR 1688(02) | ||||||||
| An Act To Clarify the Definition of "Domiciled" for Maine Income Tax Purposes | |||||||||
| 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 | $817,906 | $2,211,313 | $2,835,400 | $2,940,479 | |||||
| Revenue | |||||||||
| General Fund | ($817,906) | ($2,211,313) | ($2,835,400) | ($2,940,479) | |||||
| Other Special Revenue Funds | ($43,955) | ($118,838) | ($155,528) | ($161,292) | |||||
| Fiscal Detail and Notes | |||||||||
| Changing the definition of domiciled is expected to reduce General Fund revenue by $817,906 in fiscal year 2005-06 and $2,211,313 in fiscal year 2006-07. | |||||||||