An Act Requiring a Dynamic Fiscal Analysis of Changes to Visual Media Production Tax Credits and Reimbursements
Maine Legislature, Session 128, LD 0928
Committee Amendment CA_A_H281 (House)

COMMITTEE AMENDMENT"(-\,, to H.P. 656, L.D. 928, Bill, "An Act Requiring 
a Dynamic Fiscal Analysis of Changes to Visual Media Production Tax Credits and 
Reimbursements" 
Amend the bill in Part A in section 1 in the 18th line (page 1, line 36 in L.D.) by 
striking out the following: "August" and inse1iing the following: 'November' 
Amend the bill in Pmi A in section 1 in the last line (page 1, line 38 in L.D.) by 
inserting after the following: "Review" the following: 'by that date' 
Amend the bill in Pmi A in section 2 in the first line (page 2, line 1 in L.D.) by 
striking out the following: "August" and insetiing the following: 'December' 
Amend the bill in Pati B by striking out all of section 7 and inse1iing the following: 
'Sec. B-7. Contingent effective date. The provisions of this Part amending the 
Maine Revised Statutes, Title 5, section 13090-L and Title 36, sections 191, 6901 and 
6902, subsection 1, repealing Title 36, section 5219-Y and enacting Title 36, section 
6902, subsection 1-A take effect January 1, 2018 and apply to tax years beginning on or 
after Janua1y 1, 2018 if the Department of Administrative and Financial Services, Maine 
Revenue Services and the Office of Fiscal and Program Review jointly rep01i to the Joint 
Standing Committee on Taxation by December 15, 2017 that the result of the dynamic 
fiscal analysis pilot project conducted pursuant to Part A is a positive fiscal impact on 
state revenue. Maine Revenue Services and the Office of Fiscal and Program Review 
shall provide a copy of their joint rep01i and cetiify to the Secretary of State and the 
Office of the Revisor of Statutes by December 31, 2017 the determination as to the 
positive or negative fiscal impact on state revenue of the pilot project conducted pursuant 
to Part A.' 
SUMMARY 
This amendment retains the provisions of the bill and changes ce1iain dates. 
It 
extends the completion date for the proposed pilot project until November 1, 2017, the 
date for Maine Revenue Services and the Office of Fiscal and Program Review to report 
COMMITTEE AMENDMENT 
COMMITTEE AMENDMENT" A,, to H.P. 656, L.D. 928 
to the Joint Standing Committee on Taxation until December 15, 2017 and the date to 
certify the fiscal impact of the proposed changes on state revenue until December 31, 
2017. 
FISCAL NOTE REQUIRED 
(See attached) 
COMMITTEE AMENDMENT 
Approved: 05/15/17 feac 
LD928 
LR 426(02) 
An Act Requiring a Dynamic Fiscal Analysis of Changes to Visual Media Production Tax Credits and 
Fiscal Detail and Notes 
Reimbursements 
\ 
Fiscal Note for Bill as Amended by Committee Amendment ,A'( ~.,,-'2_'i{~ 
Committee: Taxation 
Fiscal Note Required: Yes 
Fiscal Note 
Contingent cunent biennium revenue increase - General Fund 
The bill increases the reimbursement amount for certified production wages from 12% to 25%, increases the cap on 
the reimbursement of wages from $50,000 to $100,000 and provides a reimbursement of 20% of nonwage production 
expenses. The implementation of these changes is contingent upon the development and evaluation of a dynamic 
fiscal analysis that results in a positive fiscal impact on revenue. Reimbursement costs from this bill without taking 
into account additional revenue generated from the dynamic aspect of the activity is estimated to be $750,000 to the 
General Fund in fiscal year 2018-19 and more than $1,000,000 in subsequent years. 
Additional costs to the Legislature's Office of Fiscal and Program Revi~w, the Department of Economic and 
Community Development, the Department of Administrative and Financial Services and the University of Maine 
System can be absorbed within existing budgeted resources. 
LR0426(02) - Fiscal Note - Page I of I