| 124th MAINE LEGISLATURE | ||||||
| LD 799 | LR 414(02) | |||||
| An Act To Encourage Clean Fuel Vehicle Economic and Infrastructure Development by Extending the Tax Credit | ||||||
| Fiscal Note for Bill as Amended by Committee Amendment " " | ||||||
| Committee: Taxation | ||||||
| Fiscal Note Required: Yes | ||||||
| Fiscal Note | ||||||
| 2009-10 | 2010-11 | Projections 2011-12 | Projections 2012-13 | |||
| Net Cost (Savings) | ||||||
| General Fund | $1,965 | $2,161 | $2,377 | $2,615 | ||
| Revenue | ||||||
| General Fund | ($1,965) | ($2,161) | ($2,377) | ($2,615) | ||
| Other Special Revenue Funds | ($108) | ($119) | ($130) | ($143) | ||
| Fiscal Detail and Notes | ||||||
| Extending the Clean Fuel Credit to December 31, 2014 will decrease General Fund Revenue by $1,965 in FY 2009-10 and $2161 in FY 2010-11. Revenue to the Local Government Fund will decrease by $108 in FY 2009-10 and $119 in FY 2010-11. Costs to Maine Revenue Services to extend the credit can be absorbed within existing budgeted resources. | ||||||