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123rd MAINE LEGISLATURE |
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LD 811 |
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LR 855(01) |
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An Act To Exempt
Dietary Supplements from the Sales Tax |
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Fiscal Note for
Original Bill |
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Sponsor: Rep. Boland of Sanford |
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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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$690,144 |
$995,400 |
$1,004,880 |
$1,014,360 |
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Revenue |
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General Fund |
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($690,144) |
($995,400) |
($1,004,880) |
($1,014,360) |
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Other Special Revenue Funds |
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($37,856) |
($54,600) |
($55,120) |
($55,640) |
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Fiscal Detail
and Notes |
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Exempting certain
dietary supplements from the sales tax will reduce General Fund revenue by an
estimated $690,144 in fiscal year 2007-08 and $995,400 in fiscal year
2008-09. |
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