| 122nd MAINE LEGISLATURE | |||||||||
| LD 1944 | LR 2900(07) | ||||||||
| An Act to Implement Certain Recommendations of the Washington County Economic Development Task Force | |||||||||
| Fiscal Note for Senate Amendment " " to Committee Amendment " " | |||||||||
| Sponsor: Sen. Rotundo | |||||||||
| Fiscal Note Required: Yes | |||||||||
| Fiscal Note | |||||||||
| Projections | Projections | ||||||||
| 2005-06 | 2006-07 | 2007-08 | 2008-09 | ||||||
| Net Cost (Savings) | |||||||||
| General Fund | $0 | ($925,000) | ($400,000) | ($400,000) | |||||
| Appropriations/Allocations | |||||||||
| General Fund | $0 | ($925,000) | ($400,000) | ($400,000) | |||||
| Fiscal Detail and Notes | |||||||||
| This amendment reduces the General Fund cost of the bill by $925,000 in fiscal year 2006-07. | |||||||||
| As amended, this bill includes a one-time General Fund appropriation of $75,000 in fiscal year 2006-07 to the Regional Development program within the Department of Economic and Community Development for the Washington County Development Authority. | |||||||||
| As amended, this bill will result in a revenue loss beginning in fiscal year 2006-07 if the Commissioner of the Department of Economic and Community Development establishes the pilot projects authorized in this legislation. The amount will depend on the actual amount of Pine Tree Zone tax benefits received and can not be determined at this time. | |||||||||