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122nd MAINE LEGISLATURE |
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LD 1116 |
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LR 0700(04) |
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An Act
To Exempt from the Sales Tax Electricity Used in Homes |
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Fiscal Note for Senate Amendment " " to Committee Amendment
"A" |
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Sponsor: Sen. Courtney |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Projections |
Projections |
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2005-06 |
2006-07 |
2007-08 |
2008-09 |
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Net Cost
(Savings) |
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General Fund |
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($1,776,528) |
($2,566,096) |
$0 |
$0 |
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Revenue |
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General Fund |
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$1,776,528 |
$2,566,096 |
$0 |
$0 |
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Other Special Revenue Funds |
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$95,472 |
$137,904 |
$0 |
$0 |
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Fiscal Detail
and Notes |
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This
amendment reduces the General Fund revenue loss identified in the fiscal note
for Committee Amendment "A" by $1,776,528 in fiscal year 2005-06
and $2,566,096 in fiscal year 2006-07.
The revenue losses in fiscal year 2007-08 and beyond are still in the
amended bill. |
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