131st MAINE LEGISLATURE
LD 2076 LR 2852(03)
An Act to Exempt from Excise Tax Vehicles of Active Duty Service Members Deployed Out-of-state
Fiscal Note for Bill as Engrossed with:
C "A" (H-812)
Committee: Taxation
             
Fiscal Note
No state fiscal impact
Minor revenue decrease - Municipalities
Minor savings - Municipalities
Fiscal Detail and Notes
As excise tax is collected and retained by municipalities, this bill has no State fiscal impact. Extending the exemption to additional active duty service members will reduce municipal excise tax collections and repealing the requirement to adopt an ordinance to provide an excise tax exemption will decrease municipal costs. The municipal revenue and cost impacts are expected to be minor.