| 122nd MAINE LEGISLATURE | |||||||||
| LD 593 | LR 2036(02) | ||||||||
| An Act To Alter Trade-in Allowances Regarding Motor Homes | |||||||||
| Fiscal Note for Bill as Amended by Committee Amendment " " | |||||||||
| Committee: Taxation | |||||||||
| Fiscal Note Required: Yes | |||||||||
| Fiscal Note | |||||||||
| Projections | Projections | ||||||||
| 2005-06 | 2006-07 | 2007-08 | 2008-09 | ||||||
| Net Cost (Savings) | |||||||||
| General Fund | $194,356 | $287,818 | $306,863 | $327,463 | |||||
| Revenue | |||||||||
| General Fund | ($194,356) | ($287,818) | ($306,863) | ($327,463) | |||||
| Other Special Revenue Funds | ($10,661) | ($15,787) | ($16,832) | ($17,962) | |||||
| Fiscal Detail and Notes | |||||||||
| Allowing a sales tax trade-in credit for motor homes and camper trailers is expected to reduce General Fund revenue by $194,346 in fiscal year 2005-06 and $287,818 in fiscal year 2006-07. | |||||||||