122nd MAINE LEGISLATURE
LD 1064 LR 0455(04)
An Act To Clarify the Laws Governing Agricultural Composting Operations
Fiscal Note for Bill as Amended by Committee Amendment "   "
Committee: Agriculture, Conservation and Forestry
Fiscal Note Required: Yes
   
             
Fiscal Note
Projections Projections
2005-06 2006-07 2007-08 2008-09
Net Cost (Savings)
General Fund $0 $15,199 $22,558 $23,460
Revenue
General Fund  $0 ($15,199) ($22,558) ($23,460)
Other Special Revenue Funds $0 ($817) ($1,237) ($1,287)
Fiscal Detail and Notes
This bill will reduce General Fund revenue by an estimated $15,199 in fiscal year 2006-07 as a result of the sales tax exemption for agricultural composting based on an October 1, 2006 effective date.