| 122nd MAINE LEGISLATURE | |||||||||
| LD 791 | LR 1944(02) | ||||||||
| An Act Concerning the Taxation of Buildings in Which Nonprofit Organizations Are Housed | |||||||||
| Fiscal Note for Bill as Amended by Committee Amendment " " | |||||||||
| Committee: Taxation | |||||||||
| Fiscal Note Required: Yes | |||||||||
| Fiscal Note | |||||||||
| Projections | Projections | ||||||||
| 2005-06 | 2006-07 | 2007-08 | 2008-09 | ||||||
| Net Cost (Savings) | |||||||||
| General Fund | $0 | $318,750 | $334,688 | $351,422 | |||||
| Appropriations/Allocations | |||||||||
| General Fund | $0 | $318,750 | $334,688 | $351,422 | |||||
| Fiscal Detail and Notes | |||||||||
| This bill includes a General Fund appropriation of $318,750 in fiscal year 2006-07 for Maine Revenue Services to reimburse municipalities for 50% of the estimated revenue loss associated with this expanded exemption. | |||||||||