123rd MAINE LEGISLATURE
		LD 1105		LR 689(01)
	An Act To Strengthen Maine's Craft Brewers
	Fiscal Note for Original Bill
	Sponsor: President Edmonds of Cumberland
	Committee: Taxation
	Fiscal Note Required: Yes
Fiscal Note
			2007-08	2008-09	Projections 2009-10	Projections 2010-11
Net Cost (Savings)
	General Fund		$132,639	$174,276	$175,421	$175,105
Revenue
	General Fund		($132,639)	($174,276)	($175,421)	($175,105)
	Other Special Revenue Funds		$0	($2,446)	($2,775)	($3,149)
Fiscal Detail and Notes
	The establishment of a a tax credit against certain alcohol excise taxes will result in the loss of an estimated $132,639 and $129,691 in fiscal years 2007-08 and 2008-09, respectively, in budgeted General Fund revenue to be collected by the Department of Public Safety.  In addition, the General Fund revenue loss associated with the tax incentives for certain malt liquor brewers is estimated to be $44,585 in fiscal year 2008-09.  Additional costs to the Department of Economic and Community Development can be absorbed within existing budgeted resources.