| 122nd MAINE LEGISLATURE | |||||||||
| LD 1585 | LR 2253(01) | ||||||||
| An Act To Provide a Temporary Sales Tax Exemption for Prescription Drugs for Animals | |||||||||
| Fiscal Note for Original Bill | |||||||||
| Sponsor: Rep. McKenney of Cumberland | |||||||||
| Committee: Taxation | |||||||||
| Fiscal Note Required: Yes | |||||||||
| Fiscal Note | |||||||||
| Projections | Projections | ||||||||
| 2005-06 | 2006-07 | 2007-08 | 2008-09 | ||||||
| Net Cost (Savings) | |||||||||
| General Fund | $95,849 | $38,150 | $18,941 | $0 | |||||
| Revenue | |||||||||
| General Fund | ($95,849) | ($38,150) | ($18,941) | $0 | |||||
| Other Special Revenue Funds | ($5,151) | ($2,050) | ($1,039) | $0 | |||||
| Fiscal Detail and Notes | |||||||||
| This bill is expected to reduce General Fund revenue by $95,849 in fiscal year 2005-06 and $38,150 in fiscal year 2006-07. This estimate does not reflect any revenue loss in fiscal year 2004-05 and may need to be revised based on the date this emergency legislation becomes effective. | |||||||||