125th MAINE LEGISLATURE
		LD 433		LR 1491(07)
	An Act To Exempt from Income Tax the Income of Nonresidents Working in Maine Pursuant to an Interlocal Agreement
	Fiscal Note for House Amendment "   " to Committee Amendment "A"
	Sponsor: Rep. Knight of Livermore Falls
	Fiscal Note Required: Yes
Fiscal Note
Minor revenue increase - General Fund
Fiscal Detail and Notes
	Exempting the income of nonresidents working in Maine as employees of a political subdivision of an adjoining state pursuant to an interlocal agreement from taxation only if the services being performed under the interlocal agreement do not displace a Maine resident employee who currently performs the same services may result in a minor revenue increase to the General Fund as compared to applying the exemption consistently regardless of whether or not a Maine resident is displaced.  As amended by this small change, the overall impact of the bill would still be a minor revenue decrease.