| 123rd MAINE LEGISLATURE | ||||||
| LD 1556 | LR 1104(02) | |||||
| An Act To Recouple Maine Estate Tax with Federal Estate 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 | $20,623,786 | $31,152,282 | $2,661,581 | ||
| Revenue | ||||||
| General Fund | $0 | ($20,623,786) | ($31,152,282) | ($2,661,581) | ||
| Fiscal Detail and Notes | ||||||
| The changes to the Estate Tax will reduce General Fund revenue by an estimated $20,623,786 in fiscal year 2008-09. | ||||||