122nd MAINE LEGISLATURE
LD 1761 LR 2956(06)
An Act To Offer Financial Institutions an Option for Payment of the Maine Franchise Tax
Fiscal Note for Senate Amendment "   "
Sponsor: Senator Strimling
Fiscal Note Required: Yes
   
             
Fiscal Note
Projections Projections
2005-06 2006-07 2007-08 2008-09
Net Cost (Savings)
General Fund $0 $8,000 $5,000 $5,000
Appropriations/Allocations
General Fund  $0 $8,000 $5,000 $5,000
Fiscal Detail and Notes
This amendment will increase the General Fund cost of the bill by $8,000 in fiscal year 2006-07.  As amended, this bill includes a General Fund appropriation of $8,000 in fiscal year 2006-07 for the Employment Security Services program within the Department of Labor for the costs associated with annually calculating the liveable wage for various household sizes.  Of this amount, $3,000 is for the one-time costs for programming and other set up expenses.  The Employment Security Services program will require General Fund appropriations of $5,000 per year beginning in fiscal year 2006-07 for the ongoing costs associated with annual data collection and analysis.