123rd MAINE LEGISLATURE
		LD 1169		LR 1605(02)
	An Act Relating to Uncollectible Cigarette and Tobacco Taxes
	Fiscal Note for Bill as Amended by Committee Amendment "     "
	Committee: Taxation
	Fiscal Note Required: Yes
Fiscal Note
			2007-08	2008-09	Projections 2009-10	Projections 2010-11
Net Cost (Savings)
	General Fund		$87,000	$57,000	$57,000	$57,000
Appropriations/Allocations
	General Fund		$30,000	$0	$0	$0
Revenue
	General Fund		($57,000)	($57,000)	($57,000)	($57,000)
Fiscal Detail and Notes
	The General Fund revenue loss from the credit for uncollectible cigarettee taxes is estimated to be $57,000 annually.  This bill also includes a one-time General Fund appropriation of $30,000 in fiscal year 2007-08 for Maine Revenue Services' computer programming costs associated with this change.  In addition, the Governor's proposed budget for the 2008-2009 biennium, LD 499,  includes a proposal to increase the cigarette tax by $1.00 per package.  This estimate may need to be revisited depending on final Legislative action on LD 499.