129th MAINE LEGISLATURE
		LD 85		LR 864(02)
	An Act To Establish a Sales Tax Exemption and an Income Tax Deduction for the Purchase of Firearm Safety Devices
	Fiscal Note for Bill as Amended by Committee Amendment " "
	Committee: Taxation
	Fiscal Note Required: Yes
Fiscal Note
			FY 2019-20	FY 2020-21	Projections  FY 2021-22	Projections  FY 2022-23
Net Cost (Savings)
	General Fund		$37,044	$82,321	$83,134	$83,953
Revenue
	General Fund		($37,044)	($82,321)	($83,134)	($83,953)
	Other Special Revenue Funds		($1,950)	($4,333)	($4,375)	($4,419)
Fiscal Detail and Notes
	This bill provides a sales tax exemption for the purchase of devices to secure firearms and would result in a loss of General Fund revenue of $37,044 in fiscal year 2019-20 and $82,321 in fiscal year 2020-21.  It would also result in a loss of Other Special Revenue Funds revenue of $1,950 in fiscal year 2019-20 and $4,333 in fiscal year 2020-21.