126th MAINE LEGISLATURE
LD 440 LR 313(07)
An Act To Create a Tax Credit for Primary Care Professionals Practicing in Underserved Areas
Fiscal Note for Bill as Engrossed with:
C "B" (S-548)
Committee: Appropriations and Financial Affairs
             
Fiscal Note
FY 2013-14 FY 2014-15 Projections  FY 2015-16 Projections  FY 2016-17
Net Cost (Savings)
General Fund $0 ($770) $64,410 $118,560
Revenue
General Fund $0 ($22,230) ($64,410) ($118,560)
Other Special Revenue Funds $0 ($1,170) ($3,390) ($6,240)
Transfers
General Fund $0 $23,000 $0 $0
Other Special Revenue Funds $0 ($23,000) $0 $0
Fiscal Detail and Notes
By creating a Primary Care Access Credit for 5 certified primary care professionals practicing in underserved areas, General Fund revenue is reduced by $22,230 in fiscal year 2014-15 and Municipal Revenue Sharing decreases by $1,170 in fiscal year 2014-15. The bill includes a transfer of $23,000 in fiscal year 2014-15 from the Medical Use of Marijuana Fund Other Special Revenue Funds account to the unappropriated surplus of the General Fund.
Any additional costs to the Department of Health and Human Services are expected to be minor and can be absorbed within existing budgeted resources.