125th MAINE LEGISLATURE
		LD 205		LR 879(02)
	An Act To Provide a Sales Tax Exemption to Incorporated Nonprofit Performing Arts Organizations
	Fiscal Note for Bill as Amended by Committee Amendment "   "
	Committee: Taxation
	Fiscal Note Required: Yes
Fiscal Note
			FY 2011-12	FY 2012-13	Projections  FY 2013-14	Projections  FY 2014-15
Net Cost (Savings)
	General Fund		$29,260	$43,472	$45,211	$47,019
Revenue
	General Fund		($29,260)	($43,472)	($45,211)	($47,019)
	Other Special Revenue Funds		($1,540)	($2,288)	($2,380)	($2,475)
Fiscal Detail and Notes
	Establishing a sales tax exemption for sales to incorporated non-profit performing arts organizations will result in a reduction in revenue to the General Fund and reduce revenue sharing.