123rd MAINE LEGISLATURE
		LD 1400		LR 2113(04)
	An Act To Amend the Laws Governing the Taxation of Partnerships
	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	$1,042,960	$779,784	$810,975
Appropriations/Allocations
	General Fund		$0	$33,300	$0	$0
Revenue
	General Fund		$0	($1,009,660)	($779,784)	($810,975)
	Other Special Revenue Funds		$0	($54,260)	($42,773)	($44,484)
Fiscal Detail and Notes
	Changing the taxation of the partnership income of certain nonresidents will decrease General Fund Revenue by $1,009,660 in fiscal year 2008-09.  This bill also includes a one-time General Fund appropriation of $33,300 in fiscal year 2008-09 for Maine Revenue Services' administrative computer programming costs.