| 123rd MAINE LEGISLATURE | ||||||
| LD 460 | LR 1035(01) | |||||
| An Act To Amend the Municipal Excise Tax Reimbursement Fund Law | ||||||
| Fiscal Note for Original Bill | ||||||
| Sponsor: Rep. Fisher of Brewer | ||||||
| Committee: Taxation | ||||||
| Fiscal Note Required: Yes | ||||||
| Fiscal Note | ||||||
| 2007-08 | 2008-09 | Projections 2009-10 | Projections 2010-11 | |||
| Net Cost (Savings) | ||||||
| Highway Fund | ($67,500) | ($89,600) | ($89,600) | ($89,600) | ||
| Revenue | ||||||
| Highway Fund | $67,500 | $89,600 | $89,600 | $89,600 | ||
| Fiscal Detail and Notes | ||||||
| Limiting which vehicles are subject to excise tax reimbursement will increase revenue transferred to the Highway Fund from the Municipal Excise Tax Reimbursement Fund; the estimated amounts are $67,500 in fiscal year 2007-08 and $89,600 in each fiscal year thereafter. | ||||||