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126th MAINE LEGISLATURE |
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LD 296 |
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LR 1023(05) |
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An Act To
Equalize the Fire Investigation and Prevention Tax Paid by Insurers |
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Fiscal Note for
House Amendment " " to Original Bill |
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Sponsor: Rep. Dion of Portland |
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Fiscal Note Required: Yes |
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| Fiscal Note |
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FY 2013-14 |
FY 2014-15 |
Projections FY 2015-16 |
Projections FY 2016-17 |
| Revenue |
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Other Special Revenue Funds |
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$48,750 |
$65,000 |
$65,000 |
$65,000 |
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| Fiscal Detail
and Notes |
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An annual revenue
increase of $48,750 in FY 2013-14 and $65,000 in FY 2014-15 is realized from
having all fire insurance companies and associations in the State collect and
pay the same rate of fire investigation and prevention tax. |
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Any additional
costs to the Bureau of Insurance in the Department of Professional and
Financial Regulation are expected to be minor and can be absorbed within
existing budgeted resources. |
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