129th MAINE LEGISLATURE
		LD 2011		LR 2993(03)
	An Act To Update Certain Provisions in the Income Tax and Service Provider Tax Laws
	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	$454,487	$3,838,000	$4,854,500
Appropriations/Allocations
	General Fund		$0	$5,000	$0	$0
Revenue
	General Fund		$0	($449,487)	($3,838,000)	($4,854,500)
	Other Special Revenue Funds		$0	($17,513)	($202,000)	($255,500)
Fiscal Detail and Notes
	The bill makes changes to the state tax laws and would result in a decrease in General Fund revenue of $449,487 in fiscal year 2020-21 and a decrease in Other Special Revenue Funds revenue of $17,513 in fiscal year 2020-21.  The bill includes a one-time General Fund appropriation to the Department of Administrative and Financial Services of $5,000 in fiscal year 2020-21 for computer programming costs.