| 122nd MAINE LEGISLATURE | |||||||||
| LD 1749 | LR 2802(02) | ||||||||
| An Act To Clarify the Taxable Status of Processing Fees Charged in Connection with Cancelled Lodging Reservations | |||||||||
| Fiscal Note for Bill as Amended by Committee Amendment " " | |||||||||
| Committee: Taxation | |||||||||
| Fiscal Note Required: Yes | |||||||||
| Fiscal Note | |||||||||
| Projections | Projections | ||||||||
| 2005-06 | 2006-07 | 2007-08 | 2008-09 | ||||||
| Net Cost (Savings) | |||||||||
| General Fund | $0 | $9,490 | $4,740 | $5,925 | |||||
| Revenue | |||||||||
| General Fund | $0 | ($9,490) | ($4,740) | ($5,925) | |||||
| Other Special Revenue Funds | $0 | ($510) | ($260) | ($325) | |||||
| Fiscal Detail and Notes | |||||||||
| The General Fund revenue loss associated with a sales tax exemption for forfeited room deposits is estimated to be $9,490 in fiscal year 2006-07. | |||||||||