127th MAINE LEGISLATURE
		LD 120		LR 703(03)
	An Act To Provide a Tax Credit to Maine Residents for Turnpike Tolls
	Fiscal Note for Bill as Amended by Committee Amendment " "
	Committee: Taxation
	Fiscal Note Required: Yes
Fiscal Note
			FY 2015-16	FY 2016-17	Projections  FY 2017-18	Projections  FY 2018-19
Net Cost (Savings)
	General Fund		$8,400,000	$8,360,000	$8,360,000	$8,360,000
Appropriations/Allocations
	General Fund		$40,000	$0	$0	$0
Revenue
	General Fund		($8,360,000)	($8,360,000)	($8,360,000)	($8,360,000)
	Other Special Revenue Funds		($440,000)	($440,000)	($440,000)	($440,000)
Fiscal Detail and Notes
	This legislation creates an income tax credit for all users of the Maine Turnpike of up to $100.  General Fund and Local Government Fund revenues are expected to decrease beginning in fiscal year 2015-16 by $8,360,000 and $440,000, respectively.  This analysis assumes all volume discount and business turnpike users with a Maine address would be eligible for the full credit and other users with a Maine address would be eligible for an average $60 credit.  It also assumes 25% of the people eligible for the credit will not take advantage of it for various reasons.
	The bill includes a General Fund appropriation to the Department of Administrative and Financial Services of $40,000 in fiscal year 2015-16 for computer programming and administrative costs to accommodate the tax credit on the income tax returns.
	If the Maine Turnpike Authority experienced a significant increase in cash paying users requesting receipts, it may incur significant costs to add toll collectors and additional cash lanes.