123rd MAINE LEGISLATURE
		LD 2099		LR 3303(02)
	An Act To Provide Property and Excise Tax Relief to Disabled Maine Veterans
	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	$0	$352,058	$370,859
Appropriations/Allocations
	General Fund		$0	$0	$352,058	$370,859
Fiscal Detail and Notes
	The estimated cost to reimburse municipalities for 50% of the property tax revenue loss that results from increasing the veterans' property tax exemption to $7,000 is estimated to be $333,715 in fiscal year 2009-10 and $352,058 in fiscal year 2010-11.