123rd MAINE LEGISLATURE
		LD 737		LR 1458(04)
	An Act To Promote Forest Management Planning and Certification
	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		$0	$57,113	$48,130	$50,623
Revenue
	General Fund		$0	($57,113)	($48,130)	($50,623)
	Other Special Revenue Funds		$0	($3,069)	($2,640)	($2,777)
Fiscal Detail and Notes
	Increasing the income tax credit for forest management planning will reduce income tax collections by $60,182 in fiscal year 2008-09, resulting in a General Fund revenue loss of $57,113.