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122nd MAINE LEGISLATURE |
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LD 2084 |
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LR 3190(02) |
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An Act
to Clarify the Taxable Status of Parts Provided under a Service Contract |
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Fiscal Note for Bill as Amended by Committee
Amendment " " |
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Committee: Taxation |
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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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$0 |
$85,562 |
$99,540 |
$106,176 |
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Revenue |
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General Fund |
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$0 |
($85,562) |
($99,540) |
($106,176) |
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Other Special Revenue Funds |
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$0 |
($4,598) |
($5,460) |
($5,824) |
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Fiscal Detail
and Notes |
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This
bill will reduce Sales and Use Tax revenue by an estimated $90,160 in fiscal
year 2006-07, resulting in a General Fund revenue loss of $85,562. |
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