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123rd MAINE LEGISLATURE |
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LD 937 |
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LR 1680(02) |
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An Act To Exempt
Qualifying Snowmobile Trail Grooming Equipment from State Sales Tax |
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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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$46,660 |
$65,323 |
$68,590 |
$72,019 |
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Revenue |
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General Fund |
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($46,660) |
($65,323) |
($68,590) |
($72,019) |
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Other Special Revenue Funds |
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($2,559) |
($3,583) |
($3,762) |
($3,950) |
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Fiscal Detail
and Notes |
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Exempting certain
snowmobile grooming equipment from the sales tax will reduce General Fund
revenue by an estimated $46,660 in fiscal year 2007-08 and $65,323 in fiscal
year 2008-09. |
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