122nd MAINE LEGISLATURE
LD 2084 LR 3190(02)
An Act to Clarify the Taxable Status of Parts Provided under a Service Contract
Fiscal Note for Bill as Amended by Committee Amendment "   "
Committee: Taxation
Fiscal Note Required: Yes
   
             
Fiscal Note
Projections Projections
2005-06 2006-07 2007-08 2008-09
Net Cost (Savings)
General Fund $0 $85,562 $99,540 $106,176
Revenue
General Fund  $0 ($85,562) ($99,540) ($106,176)
Other Special Revenue Funds $0 ($4,598) ($5,460) ($5,824)
Fiscal Detail and Notes
This bill will reduce Sales and Use Tax revenue by an estimated $90,160 in fiscal year 2006-07, resulting in a General Fund revenue loss of $85,562.