123rd MAINE LEGISLATURE
		LD 1485		LR 1792(01)
	An Act Relating to Automotive Core Parts
	Fiscal Note for Original Bill
	Sponsor: Rep. Mills, J. of Farmington
	Committee: Taxation
	Fiscal Note Required: Yes
Fiscal Note
			2007-08	2008-09	Projections 2009-10	Projections 2010-11
Net Cost (Savings)
	General Fund		$4,304,899	$6,457,348	$6,831,875	$7,241,787
Revenue
	General Fund		($4,304,899)	($6,457,348)	($6,831,875)	($7,241,787)
	Other Special Revenue Funds		($236,134)	($354,201)	($374,744)	($397,229)
Fiscal Detail and Notes
	Providing a trade-in credit for core vehicle parts will reduce General Fund revenue by an estimated $4,304,899 in fiscal year 2007-08 and $6,457,348 in fiscal year 2008-09.