| 123rd MAINE LEGISLATURE | ||||||
| LD 849 | LR 87(01) | |||||
| An Act To Amend the Laws Governing Eligibility for the Maine Residents Property Tax Program | ||||||
| Fiscal Note for Original Bill | ||||||
| Sponsor: Rep. Percy of Phippsburg | ||||||
| Committee: Taxation | ||||||
| Fiscal Note Required: Yes | ||||||
| Fiscal Note | ||||||
| 2007-08 | 2008-09 | Projections 2009-10 | Projections 2010-11 | |||
| Net Cost (Savings) | ||||||
| General Fund | $29,453 | $30,337 | $31,248 | $32,185 | ||
| Revenue | ||||||
| General Fund | ($29,453) | ($30,337) | ($31,248) | ($32,185) | ||
| Other Special Revenue Funds | ($1,616) | ($1,664) | ($1,714) | ($1,765) | ||
| Fiscal Detail and Notes | ||||||
| Extending circuit breaker benefits to properties owned by certain trusts will reduce General Fund revenue by an estimated $29,453 in fiscal year 2007-08 and $30,337 in fiscal year 2008-09. | ||||||