| 125th MAINE LEGISLATURE | ||||||
| LD 1118 | LR 1847(02) | |||||
| An Act To Provide a Tax Credit for High-quality Child Care Sites | ||||||
| Fiscal Note for Bill as Amended by Committee Amendment " " | ||||||
| Committee: Taxation | ||||||
| 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 | $10,000 | $0 | $0 | $0 | ||
| Appropriations/Allocations | ||||||
| General Fund | $10,000 | $0 | $0 | $0 | ||
| Fiscal Detail and Notes | ||||||
| This bill includes a one-time $10,000 appropriation in fiscal year 2011-12 for Maine Revenue Services to update the existing child care credit calculation used by internet filing and electronic filing programs to administer the income tax credit for high-quality child care. Any additional costs to the Department of Heath and Human Services can be absorbed within existing budgeted resources. | ||||||