121st Maine Legislature
		Office of Fiscal and Program Review
		LD 574
		An Act To Clarify the Definition of Commercial Agricultural Production
		LR0634(01)
		Fiscal Note for Original Bill
		Sponsor: Rep. Daigle of Arundel
		Committee: Taxation
		Fiscal Note Required: Yes
Fiscal Note
					Projections	Projections
			2003-04	2004-05	2005-06	2006-07
Net Cost (Savings):
	General Fund		$62,544	$18,406	$18,958	$19,527
Revenue
	General Fund		($62,544)	($18,406)	($18,958)	($19,527)
	Other Special Revenue Funds		($3,431)	($1,010)	($1,040)	($1,071)
Fiscal Detail and Notes
	This bill expands the definition of "commercial agricultural production" to include the commercial production of compost.  This change will reduce sales and use tax collections by an estimated $65,975 in fiscal year 2003-04 and $19,416 in fiscal year 2004-05.  The reduction of these tax collections will decrease the amounts transferred to the Local Government Fund for state-municipal revenue sharing in those years by $3,431 and $1,010.  The resulting net reduction of General Fund revenue is estimated to be $62,544 in fiscal year 2003-04 and $18,406 in fiscal year 2004-05, based on an August 11, 2000 retroactivity provision contained in the bill.