| 122nd MAINE LEGISLATURE | |||||||||
| LD 1259 | LR 0327(01) | ||||||||
| An Act To Sustain Maine Schools and Libraries | |||||||||
| Fiscal Note for Original Bill | |||||||||
| Sponsor: Sen. Rosen of Hancock | |||||||||
| Committee: Utilities and Energy | |||||||||
| Fiscal Note Required: Yes | |||||||||
| Fiscal Note | |||||||||
| Projections | Projections | ||||||||
| 2005-06 | 2006-07 | 2007-08 | 2008-09 | ||||||
| Revenue | |||||||||
| Other Funds | $1,740,000 | $1,740,000 | $580,000 | $580,000 | |||||
| Fiscal Detail and Notes | |||||||||
| This bill proposes to increase the collection limit to .6% of retail charges for telecommunications services with a one-time increase to .8% for fiscal year 2005-06 and fiscal year 2006-07. These increases will result in additional funding for the Telecommunications Education Access Fund of approximately $1,740,000 in fiscal year 2005-06 and fiscal year 2006-07 and $580,000 in fiscal year 2007-08 and thereafter. | |||||||||