127th MAINE LEGISLATURE
LD 1613 LR 2655(06)
An Act To Exclude from Sales Tax Certain Sales by Civic, Religious and Fraternal Organizations
Fiscal Note for Senate Amendment " " to Committee Amendment "A"
Sponsor: Sen. Katz of Kennebec
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 amendment limits the sales tax exemption for certain sales to the first 23 days of such sales during a calendar year. The booked revenue loss is eliminated, leaving only a minor revenue loss.