125th MAINE LEGISLATURE
		LD 476		LR 440(02)
	An Act To Create a Sales Tax Holiday for Energy-efficient Appliances and Fixtures
	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		$181,250	$176,570	$181,374	$184,901
Appropriations/Allocations
	General Fund		$15,000	$5,000	$5,000	$5,000
Revenue
	General Fund		($166,250)	($171,570)	($176,374)	($179,901)
	Other Special Revenue Funds		($8,750)	($9,030)	($9,283)	($9,468)
Fiscal Detail and Notes
	Creating an annual sales tax holiday for the purchase of energy-efficient appliances and fixtures that carry the Energy Star or WaterSense labels will reduce General Fund revenue and reduce revenue sharing starting in fiscal year 2011-12.  This bill includes a $15,000 appropriation in fiscal year 2011-12 and an annual $5,000 appropriation in subsequent fiscal years for Maine Revenue Services to administer the annual sales tax holiday, for tax form modifications and for increased postage and mailing costs.