123rd MAINE LEGISLATURE
LD 2097 LR 3119(02)
An Act To Clarify the Exemption of Retail Sales of Kerosene 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 $0 $19,739 $20,507 $21,327
Revenue
General Fund $0 ($19,739) ($20,507) ($21,327)
Other Special Revenue Funds $0 ($1,061) ($1,125) ($1,170)
Fiscal Detail and Notes
Provinding a sales tax exemption for kerosene and heating oil dispensed into containers of 5 gallons or less will reduce General Fund revenue by $19,739 in fiscal year 2008-09.