121st Maine Legislature
Office of Fiscal and Program Review
LD 154
An Act to Provide a Sales Tax Exemption for Nonprofit Organizations That Provide Food and Lodging for Family Members of Patients in Hospitals    
LR 0043(01)
Fiscal Note for Original Bill
Sponsor: Sen. Davis
Committee: Taxation
Fiscal Note Required: Yes
   
             
Fiscal Note
Projections Projections
2003-04 2004-05 2005-06 2006-07
Net Cost (Savings)
General Fund $338 $493 $513 $533
Revenue
General Fund ($338) ($493) ($513) ($533)
Other Special Revenue Funds ($19) ($27) ($28) ($29)
Fiscal Detail and Notes
Expanding a sales and use tax exemption to certain nonprofit organizations will decrease sales and use tax collections by an estimated $357 in fiscal year 2003-04 and $520 in fiscal year 2004-05.  The decrease in these tax collections will decrease the amounts transferred to the Local Government Fund for state-municipal revenue sharing by $19 in fiscal year 2003-04 and $27 in fiscal year 2004-05.  The resulting net decrease in General Fund revenue is estimated to be $338 and $493.