125th MAINE LEGISLATURE
		LD 1043		LR 2067(20)
	An Act Making Unified Appropriations and Allocations for the Expenditures of State Government, General Fund and Other Funds, and Changing Certain Provisions of the Law Necessary to the Proper Operations of State Government for the Fiscal Years Ending June 30, 2012 and June 30, 2013
	Fiscal Note for Senate Amendment "   " to Committee Amendment "A"
	Sponsor: Sen. Woodbury of Cumberland
	Fiscal Note Required: Yes
Fiscal Note
			FY 2011-12	FY 2012-13	Projections  FY 2013-14	Projections  FY 2014-15
Net Cost (Savings)
	General Fund		$12,889,158	($22,084,358)	($76,113,975)	($79,622,229)
Appropriations/Allocations
	General Fund		$12,889,158	$13,069,442	$13,461,525	$13,865,371
Revenue
	General Fund		$0	$35,153,800	$89,575,500	$93,487,600
	Other Special Revenue Funds		$0	$1,850,200	$4,714,500	$4,920,400
Fund Detail by Section
Appropriations/Allocations
	General Fund
	PART RRRR, Section 1		$12,889,158	$13,069,442	$13,461,525	$13,865,371
Revenue
	General Fund
	PART I		$0	($1,850,200)	($4,714,500)	($4,920,400)
	PART N		$0	$37,004,000	$94,290,000	$98,408,000
	Other Special Revenue Funds
	PART I		$0	$1,850,200	$4,714,500	$4,920,400
Fiscal Detail and Notes
	This amendment includes General Fund appropriations totaling $12,889,158 in fiscal year 2011-12 and $13,069,442 in fiscal year 2012-13 for costs associated with increasing the limit on retirement benefits which are subject to a cost-of-living adjustment from $20,000 to $25,000.  The amendment also eliminates the reorganization of the individual income tax brackets down to two rates of 6.5% and a top rate of 7.95% which restores revenue to the General Fund and increases revenue sharing compared to the committee amendment starting in fiscal year 2012-13.