126th MAINE LEGISLATURE
		LD 1762		LR 2721(13)
	An Act Related to the Report of the Tax Expenditure Review Task Force
	Fiscal Note for House Amendment " " to Original Bill
	Sponsor: Rep. Cray of Palmyra
	Fiscal Note Required: Yes
Fiscal Note
			FY 2013-14	FY 2014-15	Projections  FY 2015-16	Projections  FY 2016-17
Net Cost (Savings)
	General Fund		$0	$10,426,446	$0	$0
Appropriations/Allocations
	Other Special Revenue Funds		$0	($14,573,554)	$0	$0
Revenue
	General Fund		$0	$14,573,554	$0	$0
	Other Special Revenue Funds		$0	($14,573,554)	$0	$0
Transfers
	General Fund		$0	($25,000,000)	$0	$0
Fiscal Detail and Notes
	This amendment increases the General Fund cost of the bill by $10,426,446 in fiscal year 2014-15.  It eliminates the transfers from the Tax Relief and Maine Budget Stabilization Funds from the bill, which increases the General Fund cost of the bill by $25,000,000 in fiscal year 2014-15.  That cost is partially offset by the transfer of the various assessments for the Efficiency Maine Trust to the General Fund in fiscal year 2014-15 only.  Those assessments are estimated to be $14,573,554 in fiscal year 2014-15.
	The amendment replaces the changes in the bill that modified the distribution of the General Fund unappropriated surplus at the close of fiscal year 2013-14, also known as the "Cascade," and instead eliminates the fourth priority transfer of up to $40,000,000 to municipal revenue sharing.