| 123rd MAINE LEGISLATURE | ||||||
| LD 1093 | LR 1517(02) | |||||
| An Act To Exempt Fuels Used in Farm Tractors from the Sales Tax | ||||||
| Fiscal Note for Bill as Amended by Committee Amendment " " | ||||||
| Committee: Taxation | ||||||
| Fiscal Note Required: Yes | ||||||
| Fiscal Note | ||||||
| 2007-08 | 2008-09 | Projections 2009-10 | Projections 2010-11 | |||
| Net Cost (Savings) | ||||||
| General Fund | $136,156 | $185,174 | $188,877 | $192,654 | ||
| Revenue | ||||||
| General Fund | ($136,156) | ($185,174) | ($188,877) | ($192,654) | ||
| Other Special Revenue Funds | ($7,469) | ($10,157) | ($10,360) | ($10,568) | ||
| Fiscal Detail and Notes | ||||||
| Extending a sales tax exemption for dyed fuel will reduce General Fund revenue by an estimated $136,156 in fiscal year 2007-08 and $185,174 in fiscal year 2008-09. | ||||||