124th MAINE LEGISLATURE
		LD 590		LR 790(02)
	An Act To Establish a Wellness Tax Credit
	Fiscal Note for Bill as Amended by Committee Amendment "   "
	Committee: Taxation
	Fiscal Note Required: Yes
Fiscal Note
			2009-10	2010-11	Projections 2011-12	Projections 2012-13
Net Cost (Savings)
	General Fund		$0	$0	$0	$0
	Fund for a Healthy Maine		$377,039	$310,460	$319,107	$327,995
Revenue
	General Fund		($377,039)	($310,460)	($319,107)	($327,995)
	Other Special Revenue Funds		($20,681)	($17,030)	($17,504)	($17,991)
Transfers
	General Fund		$377,039	$310,460	$319,107	$327,995
	Fund for a Healthy Maine		($377,039)	($310,460)	($319,107)	($327,995)
Fiscal Detail and Notes
	This bill includes a tax credit to employers of 20 or fewer employees for the expense of developing, instituting and maintaining wellness programs for their employees in the amount of $100 per employee, up to a maximum of $2,000 per employer. The loss in General Fund revenue from the tax credit is to be offset by a transfer of funds from the Fund for a Healthy Maine to the General Fund.