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126th MAINE LEGISLATURE |
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LD 1111 |
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LR 1490(05) |
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An Act To Allow
Maine's Harness Racing Industry To Compete with Casino Gaming |
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Fiscal Note for
House Amendment " " to Committee Amendment "A" |
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Sponsor: Rep. Marean of Hollis |
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Fiscal Note Required: Yes |
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| Fiscal Note |
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Future biennium revenue decrease - General Fund
Future biennium revenue increase - Other Special Revenue Funds |
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| Fiscal Detail
and Notes |
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This floor
amendment retains the overall tax structure in the committee amendment but
reduces the percentage distributed to the General Fund and increases
distributions to various dedicated accounts.
The estimate of the revenue reduction to the General Fund is $558,352
annually compared to the committee amendment, with revenue to Other Special
Revenue Funds increased by the same amount. |
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