127th MAINE LEGISLATURE
LD 1613 LR 2655(02)
An Act To Exempt from Sales Tax Meals Sold by Nonprofit Organizations
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Taxation
Fiscal Note Required: Yes
             
Fiscal Note
FY 2015-16 FY 2016-17 Projections  FY 2017-18 Projections  FY 2018-19
Net Cost (Savings)
General Fund $0 $1,713,285 $1,913,168 $2,003,116
Revenue
General Fund $0 ($1,713,285) ($1,913,168) ($2,003,116)
Other Special Revenue Funds $0 ($34,965) ($126,457) ($138,490)
Fiscal Detail and Notes
This bill adds certain sales to the definition of casual sales which are not subject to the sales tax and would result in a loss of General Fund revenue of $1,713,285 in fiscal year 2016-17 and a loss of Local Government Fund revenue of $34,965 in fiscal year 2016-17.