123rd MAINE LEGISLATURE
LD 937 LR 1680(02)
An Act To Exempt Qualifying Snowmobile Trail Grooming Equipment from State 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 $46,660 $65,323 $68,590 $72,019
Revenue
General Fund ($46,660) ($65,323) ($68,590) ($72,019)
Other Special Revenue Funds ($2,559) ($3,583) ($3,762) ($3,950)
Fiscal Detail and Notes
Exempting certain snowmobile grooming equipment from the sales tax will reduce General Fund revenue by an estimated $46,660 in fiscal year 2007-08 and $65,323 in fiscal year 2008-09.