121st Maine Legislature
		Office of Fiscal and Program Review
		LD 209
		An Act to Increase the Tax on All Tobacco Products
		LR 0411(01)
		Fiscal Note for Original Bill
		Sponsor: Rep. Suslovic
		Committee: Taxation
		Fiscal Note Required: Yes
Fiscal Note
					Projections	Projections
		2002-03	2003-04	2004-05	2005-06	2006-07
Net Cost (Savings):
	General Fund		($14,857,430)	($22,823,076)	($22,740,913)	($22,559,535)
Appropriations/Allocations
	General Fund		$73,500	$0	$0	$0
Revenue
	General Fund  - Cigarette Tax		$14,308,940	$21,933,275	$21,827,531	$21,621,318
	General Fund  - Tobacco Products Tax		$565,449	$804,979	$825,104	$845,731
	General Fund  - Sales and Use Tax		$56,541	$84,822	$88,278	$92,486
	Other Special Revenue Funds		$3,101	$4,653	$4,842	$5,073
Fiscal Detail and Notes
	Increasing the tax on all tobacco products will increase General Fund revenue by $14,930,930 in fiscal year 2003-04 and $22,823,076 in fiscal year 2004-05. The increase in sales and use tax collections will also increase the amounts transferred to the Local Government Fund for state-municipal revenue sharing by $3,101 in fiscal year 2003-04 and $4,653 in fiscal year 2004-05.  Maine Revenue Services will require a General Fund appropriation of $73,500 in fiscal year 2003-04 for the administrative costs associated with this change.