125th MAINE LEGISLATURE
LD 234 LR 633(04)
An Act To Provide a Sales Tax Exemption to Commercial Horticulturists
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 $0 $9,500 $9,785 $10,079
Revenue
General Fund $0 ($9,500) ($9,785) ($10,079)
Other Special Revenue Funds $0 ($500) ($515) ($530)
Fiscal Detail and Notes
Providing a sales tax exemption for certain products used in commercial agricultural production to include products used in commercial horticulture will reduce General Fund revenue by $9,500 annually and will reduce revenue sharing by approximately $500 annually.