| 122nd MAINE LEGISLATURE | |||||||||
| LD 1553 | LR 0486(01) | ||||||||
| An Act To Impose a Gross Receipts Tax on "Big Box" Stores | |||||||||
| Fiscal Note for Original Bill | |||||||||
| Sponsor: Rep. Lerman of Augusta | |||||||||
| Committee: Taxation | |||||||||
| Fiscal Note Required: Yes | |||||||||
| Fiscal Note | |||||||||
| Undetermined revenue increase - Other Special Revenue funds | |||||||||
| Undetermined cost increase - General Fund | |||||||||
| Fiscal Detail and Notes | |||||||||
| The amount of Other Special Revenue funds generated as a result of establishing a Gross Receipts Tax on certain retail stores can not be determined at this time. Maine Revenue Services will also require additional General Fund appropriations to administer this new dedicated tax. | |||||||||