123rd MAINE LEGISLATURE
LD 2270 LR 3565(02)
An Act To Change the Formula for Calculation of the Motor Vehicle Excise 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
Revenue
Other Special Revenue Funds $0 $25,000 $50,000 $50,000
Fiscal Detail and Notes
Limiting the Municipal Excise Tax Reimbursement Program to vehicles 7 years old or less will increase the amount remaining in the Other Special Revenue Funds account within the Secretary of State in fiscal year 2008-09 by $25,000.