126th MAINE LEGISLATURE
		LD 1113		LR 1936(05)
	An Act To Provide Tax Fairness to Maine's Middle Class and Working Families
	Fiscal Note for House Amendment " " to Committee Amendment "A"
	Sponsor: Rep. Carey of Lewiston
	Fiscal Note Required: Yes
Fiscal Note
			FY 2013-14	FY 2014-15	Projections  FY 2015-16	Projections  FY 2016-17
Net Cost (Savings)
	General Fund		$0	($991,675)	($42,376,500)	($41,721,625)
Appropriations/Allocations
	General Fund		$124,800	($37,329,675)	($49,606,500)	($50,951,625)
Revenue
	General Fund		$124,800	($36,338,000)	($7,230,000)	($9,230,000)
	Other Special Revenue Funds		$36,875,200	$36,638,000	($70,000)	($70,000)
Fiscal Detail and Notes
	This amendment reduces the net General Fund cost of the bill by $991,675 in fiscal year 2014-15, $42,376,500 in fiscal year 2015-16 and $41,721,625 in fiscal year 2016-17.  As amended, this bill has no net Genreal Fund impact during the current biennium.  The table below summarizes the impact of the bill as amended by this amendment.
			FY 2013-14	FY 2014-15	Projections  FY 2015-16	Projections  FY 2016-17
	General Fund Appropriations
	One-time administrative costs for new tax assessment		$124,800	$0	$0	$0
	General Fund Revenue
	Tax equalization assessment		$35,150,000	$36,708,000	$41,287,000	$44,650,000
	Local Government Fund (Municipal Revenue Sharing)
	Tax equalization assessment		$1,850,000	$1,932,000	$2,173,000	$2,350,000
	Additional Fixed Dollar Transfers		$35,025,200	$36,708,000	$0	$0