123rd MAINE LEGISLATURE
		LD 952		LR 555(04)
	An Act To Reduce the Income Tax
	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	$0	$3,579,606	$4,757,402
Revenue
	General Fund		$0	$0	($3,579,606)	($4,757,402)
Fiscal Detail and Notes
	Dedicating a portion of income tax revenue growth to the Tax Relief Fund for Maine Residents will decrease General Fund revenue by an estimated $3,579,606 in fiscal year 2009-10 and $4,757,402 in fiscal year 2010-11.