| 124th MAINE LEGISLATURE | ||||||
| LD 731 | LR 561(01) | |||||
| An Act To Designate Cumberland County as a Pine Tree Development Zone | ||||||
| Preliminary Fiscal Impact Statement for Original Bill | ||||||
| Sponsor: Sen. Bartlett II of Cumberland | ||||||
| Committee: Business, Research and Economic Development | ||||||
| Fiscal Note Required: Yes | ||||||
| Preliminary Fiscal Impact Statement | ||||||
| 2009-10 | 2010-11 | Projections 2011-12 | Projections 2012-13 | |||
| Net Cost (Savings) | ||||||
| General Fund | $75,000 | $75,000 | $75,000 | $75,000 | ||
| Revenue | ||||||
| General Fund | ($75,000) | ($75,000) | ($75,000) | ($75,000) | ||
| Fiscal Detail and Notes | ||||||
| Allowing Cumberland County to be eligible for Pine Tree Development Zone Benefits would reduce General Fund revenue by an estimated $75,000 annually. Additional costs to the Department of Economic and Community Development and Maine Revenue Services for this change in Pine Tree Zone classification can be absorbed within existing budgeted resources. | ||||||