123rd MAINE LEGISLATURE
		LD 2145		LR 3081(02)
	An Act To Conform the Maine Tax Laws for 2007 to the United States Internal Revenue Code
	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		$2,434,723	$32,423,944	($1,163,592)	($7,851,500)
Revenue
	General Fund		($2,434,723)	($32,423,944)	$1,163,592	$7,851,500
	Other Special Revenue Funds		($130,844)	($1,742,488)	$63,825	$430,673
Fiscal Detail and Notes
	The General Fund revenue loss associated with conforming to the United States Internal Revenue Code as of February 13, 2008 is estimated to be $2,434,723 in fiscal year 2007-08 and $32,423,944 in fiscal year 2008-09.