122nd MAINE LEGISLATURE
LD 1090 LR 1860(02)
An Act To Create a Grandparent-to-grandchild Exemption in the Real Estate Transfer Tax
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 $3,128 $3,147 $3,166 $3,185
Revenue
General Fund ($3,128) ($3,147) ($3,166) ($3,185)
Other Special Revenue Funds ($3,128) ($3,147) ($3,166) ($3,185)
Fiscal Detail and Notes
This bill will reduce General Fund revenue by $3,128 in fiscal year 2005-06 and $3,147 in fiscal year 2006-07.  This bill also reduces Other Special Revenue funds for the Housing Opportunities for Maine Fund within the Maine State Housing Authority by the same amounts.