123rd MAINE LEGISLATURE
LD 570 LR 985(01)
An Act To Authorize a Local Option Sales Tax To Reduce Property Taxes
Fiscal Note for Original Bill
Sponsor: Sen. Strimling of Cumberland
Committee: Taxation
Fiscal Note Required: Yes
             
Fiscal Note
2007-08 2008-09 Projections 2009-10 Projections 2010-11
Net Cost (Savings)
General Fund $223,508 $172,061 $179,931 $188,194
Appropriations/Allocations
General Fund $223,508 $172,061 $179,931 $188,194
Fiscal Detail and Notes
Authorizing municipalities to adopt a local option sales tax will  result in additional administrative costs to Maine Revenue Services.  The costs are estimated to be $223,508 in fiscal year 2007-08 and $172,061 in fiscal year 2008-09.