123rd MAINE LEGISLATURE
		LD 2305		LR 3622(02)
	An Act To Restore Benefits under the Circuitbreaker Program
	Fiscal Note for Senate Amendment "     "
	Sponsor: Sen. Nass, R. of York
	Fiscal Note Required: Yes
Fiscal Note
			2007-08	2008-09	Projections 2009-10	Projections 2010-11
Net Cost (Savings)
	General Fund		$0	($14,235)	$6,613,485	($1,667,295)
Revenue
	General Fund		$0	$14,235	($6,613,485)	$1,667,295
	Other Special Revenue Funds		$0	$765	($362,765)	$91,455
Fiscal Detail and Notes
	The changes to the net operating loss provisions will increase General Fund revenue by $14,235 in fiscal year 2008-09.
	As amended, this bill will have the following impact:
				2008-09	Projections 2009-10	Projections 2010-11
	Net Change to Circuitbreaker Revenue:
	General Fund			($1,347,580)	($1,784,348)	($2,864,087)
	Other Special Revenue Funds			($72,420)	($97,876)	($157,101)
	Total			($1,420,000)	($1,882,224)	($3,021,188)
	Net Change to Corporate Income Tax  Revenue:
	General Fund			$1,376,050	($223,372)	($360,832)
	Other Special Revenue Funds			$73,950	($12,252)	($19,792)
	Total			$1,450,000	($235,624)	($380,624)