123rd MAINE LEGISLATURE
		LD 641		LR 2291(02)
	An Act To Amend the Nonresident Income Tax Filing Requirements
	Fiscal Note for Bill as Amended by Committee Amendment "   "
	Committee: Taxation
	Fiscal Note Required: Yes
Fiscal Note
			2007-08	2008-09	Projections 2009-10	Projections 2010-11
Net Cost (Savings)
	General Fund		$3,187,046	$2,606,986	$2,684,371	$2,766,875
Appropriations/Allocations
	General Fund		$81,444	$141,318	$147,409	$153,804
Revenue
	General Fund		($3,105,602)	($2,465,668)	($2,536,962)	($2,613,071)
	Other Special Revenue Funds		($166,898)	($132,507)	($139,158)	($143,333)
Fiscal Detail and Notes
	Changing the minimum taxability threshold for nonresidents will reduce General Fund revenue by an estimated $3,105,602 in fiscal year 2007-08 and $2,465,668 in fiscal year 2008-09.  This bill also includes a General Fund appropriation of $81,444 in fiscal year 2007-08 and $141,318 in fiscal year 2008-09 for Maine Revenue Services' administrative costs.