123rd MAINE LEGISLATURE
LD 937 LR 1680(01)
An Act To Exempt Qualifying Snowmobile Trail Grooming Equipment from State Sales Tax
Fiscal Note for Original Bill
Sponsor: Rep. Clark of Millinocket
Committee: Taxation
Fiscal Note Required: Yes
             
Fiscal Note
2007-08 2008-09 Projections 2009-10 Projections 2010-11
Net Cost (Savings)
General Fund $95,985 $134,379 $141,098 $148,152
Revenue
General Fund ($95,985) ($134,379) ($141,098) ($148,152)
Other Special Revenue Funds ($5,265) ($7,371) ($7,740) ($8,127)
Fiscal Detail and Notes
Exempting certain snowmobile grooming equipment from the sales tax will reduce General Fund revenue by an estimated $95,985 in fiscal year 2007-08 and $134,379 in fiscal year 2008-09.