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130th MAINE LEGISLATURE |
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LD 220 |
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LR 1970(21) |
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An Act To Make
Supplemental Appropriations and Allocations for the Expenditures of State
Government and To Change Certain Provisions of the Law Necessary to the
Proper Operations of State Government for the Fiscal Year Ending June 30,
2021 |
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Fiscal Note for
House Amendment " " to Committee Amendment "A" |
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Sponsor: Rep. Pierce of Falmouth |
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Fiscal Note Required: Yes |
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| Fiscal Note |
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FY 2020-21 |
FY 2021-22 |
FY 2022-23 |
Projections FY 2023-24 |
Projections FY 2024-25 |
| Net Cost
(Savings) |
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General Fund |
$8,000,000 |
$0 |
$0 |
$0 |
$0 |
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| Transfers |
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General Fund |
($8,000,000) |
$0 |
$0 |
$0 |
$0 |
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| Fiscal Detail
and Notes |
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This amendment
requires the transfer of $8,000,000 in fiscal year 2020-21 from the
unappropriated surplus of the General Fund to the Maine Budget Stabilization
Fund. Any additional costs to the
Department of Administrative and Financial Services associated with
performing the study of the foreign-derived intangible income deduction and
reporting the results can be absorbed within available budgeted
resources. |
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