123rd MAINE LEGISLATURE
LD 1094 LR 1515(02)
An Act To Exempt from the Sales Tax Water Used in Agricultural Production
Fiscal Note for Bill as Amended by Committee Amendment "     "
Committee: Taxation
Fiscal Note Required: Yes
             
Fiscal Note
2007-08 2008-09 Projections 2009-10 Projections 2010-11
Net Cost (Savings)
General Fund $0 $86,093 $94,065 $98,768
Revenue
General Fund $0 ($86,093) ($94,065) ($98,768)
Other Special Revenue Funds $0 ($4,627) ($5,160) ($5,418)
Fiscal Detail and Notes
Exempting water used in agricultural production from the sales tax will reduce General Fund revenue by an estimated $86,093 in fiscal year 2008-09.