LD 346 LR 423(02)
An Act To Require the Collection of Sales Tax by any Business Making Sales to Persons in Maine
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Taxation
Fiscal Note Required: Yes
Fiscal Note
FY 2013-14 FY 2014-15 Projections  FY 2015-16 Projections  FY 2016-17
Net Cost (Savings)
General Fund ($237,500) ($380,000) ($475,000) ($475,000)
General Fund $237,500 $380,000 $475,000 $475,000
Other Special Revenue Funds $12,500 $20,000 $25,000 $25,000
Fiscal Detail and Notes
Requiring certain sellers of goods and services to register with the State Tax Assessor as a retailer and collect and remit sales and use tax on purchases made by purchasers in the State will increase General Fund revenue by $237,500 in FY 2013-14 and by $380,000 in FY 2014-15.  Municipal Revenue Sharing will increase by $12,500 in FY 2013-14 and $20,000 in FY 2014-15 as well.