LD 469 LR 136(01)
An Act To Increase the Collection of Sales and Use Tax
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Rep. Dill of Cape Elizabeth
Committee: Taxation
Fiscal Note Required: Yes
Preliminary Fiscal Impact Statement
Current biennium revenue increase - General Fund
Current biennium revenue increase - Other Special Revenue Funds
FY 2011-12 FY 2012-13 Projections  FY 2013-14 Projections  FY 2014-15
Net Cost (Savings)
General Fund $59,583 $75,114 $75,114 $75,114
General Fund $59,583 $75,114 $75,114 $75,114
Fiscal Detail and Notes
Requiring out-of-state retailers to notify purchasers in the state of the obligation to pay sales and use tax and to provide annual statements of purchases to Maine Revenue Services (MRS) will result in increased revenue to the General Fund in the form of increased sales and use tax receipts, and will increase revenue sharing.  The uncertain legal status of laws such as LD 469 makes the increased revenue difficult to estimate, according to MRS.  MRS will require a General Fund appropriation of $59,583 in fiscal year 2011-12 and $75,114 in subsequent fiscal years for one Tax Examiner to establish and operate a database with retailer and purchaser data for the new sales and use tax collection efforts.