| 122nd MAINE LEGISLATURE | |||||||||
| LD 1165 | LR 1927(05) | ||||||||
| An Act To Encourage the Preservation of Affordable Housing | |||||||||
| Fiscal Note for Senate Amendment " " to Committee Amendment " " | |||||||||
| Sponsor: Sen. Rotundo | |||||||||
| Fiscal Note Required: Yes | |||||||||
| Fiscal Note | |||||||||
| Projections | Projections | ||||||||
| 2005-06 | 2006-07 | 2007-08 | 2008-09 | ||||||
| Net Cost (Savings) | |||||||||
| General Fund | $0 | $0 | $135,258 | $142,021 | |||||
| Appropriations/Allocations | |||||||||
| General Fund | $0 | $20,000 | $0 | $0 | |||||
| Revenue | |||||||||
| General Fund | $0 | $20,000 | ($135,258) | ($142,021) | |||||
| Other Special Revenue Funds | $0 | ($196,045) | ($7,419) | ($7,790) | |||||
| Fiscal Detail and Notes | |||||||||
| The incremental impact of this amendment is to increase General Fund revenue in fiscal year 2006-07 by $187,067, decrease the Maine State Housing Authority's Other Special Revenue Funds share of Real Estate Transfer Tax revenue by the same amount and move the General Fund appropriation of $20,000 in fiscal year 2005-06 for the computer programming costs associated with the income tax exemption to fiscal year 2006-07. The $187,067 reimburses the General Fund for its costs of the bill in the current biennium. The numbers above reflect the comprehensive impact of the committee amendment as amended by this amendment and adjusted for a later effective date than anticipated on the original fiscal note. | |||||||||