129th MAINE LEGISLATURE
		LD 1158		LR 769(02)
	An Act To Provide Property Tax Relief
	Fiscal Note for Bill as Amended by Committee Amendment " "
	Committee: Taxation
	Fiscal Note Required: Yes
Fiscal Note
			FY 2019-20	FY 2020-21	Projections  FY 2021-22	Projections  FY 2022-23
Net Cost (Savings)
	General Fund		$0	$50,260,709	$50,932,595	$52,265,680
Appropriations/Allocations
	General Fund		$0	$148,209	$107,595	$110,680
Revenue
	General Fund		$0	($50,112,500)	($50,825,000)	($52,155,000)
	Other Special Revenue Funds		$0	($2,637,500)	($2,675,000)	($2,745,000)
Fiscal Detail and Notes
	This bill amends certain provisions of the property tax fairness credit and will reduce General Fund revenue by $50,112,500 in fiscal year 2020-21 and reduce Local Government Fund revenue by $2,637,500 in fiscal year 2020-21.  The bill includes a General Fund appropriation of $148,209 in fiscal year 2020-21 to the Department of Administrative and Financial Services for one Senior Tax Examiner position and related costs, including one-time computer programming, to review and process increased property tax fairness credit income tax filings.