| 123rd MAINE LEGISLATURE | ||||||
| LD 1925 | LR 2657(16) | |||||
| An Act To Cut Taxes on Maine Residents by over $140,000,000 | ||||||
| Fiscal Note for Senate Amendment " " | ||||||
| Sponsor: Sen. Hobbins of York | ||||||
| Fiscal Note Required: Yes | ||||||
| Fiscal Note | ||||||
| 2007-08 | 2008-09 | Projections 2009-10 | Projections 2010-11 | |||
| Net Cost (Savings) | ||||||
| General Fund | $368,018 | $214,002 | ($21,193,643) | ($26,553,672) | ||
| Appropriations/Allocations | ||||||
| General Fund | ($1,095,164) | ($33,203,556) | ($33,430,184) | ($34,039,339) | ||
| Other Special Revenue Funds | $0 | ($1,001,493) | ($3,101,329) | ($3,078,489) | ||
| Revenue | ||||||
| General Fund | ($1,463,182) | ($33,417,558) | ($12,236,541) | ($7,485,667) | ||
| Other Special Revenue Funds | $1,278,828 | $57,295 | ($2,030,631) | ($1,965,563) | ||
| Referendum Costs | Month/Year | Election Type | Question | Length | ||
| Nov-07 | General | Referendum | Lengthy | |||
| The Secretary of State's budget includes sufficient funds to accommodate one ballot of average length for the general election in November. If the number or size of the referendum questions increases the ballot length, an additional appropriation of $8,000 or more may be required. | ||||||
| Fiscal Detail and Notes | ||||||
| This amendment eliminates the General Fund cost of the bill by making the provisions of the bill contingent upon voter approval. | ||||||