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123rd MAINE LEGISLATURE |
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LD 2 |
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LR 564(02) |
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An Act To Provide
a Tax Credit for the Purchase of a Hybrid or Clean Fuel Vehicle |
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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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2007-08 |
2008-09 |
Projections 2009-10 |
Projections 2010-11 |
Net Cost
(Savings) |
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General Fund |
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$103,452 |
$177,763 |
$216,871 |
$264,583 |
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Revenue |
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General Fund |
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($103,452) |
($177,763) |
($216,871) |
($264,583) |
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Other Special Revenue Funds |
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($5,675) |
($9,751) |
($11,896) |
($14,513) |
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Fiscal Detail
and Notes |
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The General Fund
revenue loss associated with the partial sales tax exemption for clean fuel
vehicles is estimated to be $103,452 in fiscal year 2007-08 and $177,763 in
fiscal year 2008-09. |
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