|
|
|
|
|
|
|
|
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. |
|
|
|
|
|
|
|