123rd MAINE LEGISLATURE
		LD 816		LR 1087(02)
	An Act To Improve the Historic Preservation Tax Credit
	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	$1,422,000	$1,422,000	$1,422,000
Revenue
	General Fund		$0	($1,422,000)	($1,422,000)	($1,422,000)
	Other Special Revenue Funds		$0	($78,000)	($78,000)	($78,000)
Fiscal Detail and Notes
	This bill may reduce General Fund revenue by a maximum of $1,422,000 per year ($1,500,000 - 5.2% revenue sharing) as a result of the refundable income tax credit.