125th MAINE LEGISLATURE
		LD 59		LR 335(02)
	An Act To Provide Sales Tax Exemption or Refund on Parts and Supplies Purchased To Operate Windjammers
	Fiscal Note for Bill as Amended by Committee Amendment "   "
	Committee: Taxation
	Fiscal Note Required: Yes
Fiscal Note
			FY 2011-12	FY 2012-13	Projections  FY 2013-14	Projections  FY 2014-15
Net Cost (Savings)
	General Fund		$54,880	$72,200	$76,000	$79,000
Appropriations/Allocations
	General Fund		$7,000	$0	$0	$0
Revenue
	General Fund		($47,880)	($72,200)	($76,000)	($79,000)
	Other Special Revenue Funds		($2,520)	($3,800)	($4,000)	($4,200)
Fiscal Detail and Notes
	Authorizing sales tax refunds and exemption certificates for the purchase of parts and supplies used for the operation, repair or maintenance of windjammers based in this state that are used to carry cargo or passengers for a fee will deprive the General Fund of certain sales tax revenues and reduce revenue sharing.  The bill includes a General Fund appropriation to the Bureau of Revenue Services to change computer systems, create tax certificates and generate new tax forms, as well as for the costs of implementing the refund and exemption on a one-time basis.