123rd MAINE LEGISLATURE
LD 1984 LR 2916(02)
An Act To Provide a State Income Tax Credit to Dentists for Military Pensions
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 $27,179 $13,368 $15,122
Appropriations/Allocations
General Fund $0 $11,000 $0 $0
Revenue
General Fund $0 ($16,179) ($13,368) ($15,122)
Other Special Revenue Funds $0 ($870) ($733) ($829)
Fiscal Detail and Notes
The General Fund revenue loss associated with the income tax deduction for certain dentists is estimated to be $16,179 in fiscal year 2008-09.  This bill also includes a one-time General Fund appropriation of $11,000 in fiscal year 2008-09 for the computer programming costs associated with this income tax deduction.