125th MAINE LEGISLATURE
LD 1764 LR 2364(03)
An Act To Reduce High-technology Tax Evasion and Theft
Fiscal Note for Bill as Engrossed with:
C "A" (H-743)
Committee: Taxation
             
Fiscal Note
Minor cost increase - General Fund
Minor revenue increase - General Fund
Correctional and Judicial Impact Statements
Establishes new Class C and D crimes; insignificant increase to correctional and judicial costs anticipated.
Fiscal Detail and Notes
To date, there is no evidence that the use of automated sales suppression devices has had a significant impact on current state tax revenues.  The current baseline revenue forecast does not assume any significant change in future non-compliance.  The provisions of this bill would create increased confidence in the baseline revenue forecast by reducing a potential source of non-compliance, but would not change the forecast levels of revenue.