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123rd MAINE LEGISLATURE |
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LD 1094 |
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LR 1515(01) |
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An Act To Exempt
from the Sales Tax Water Used in Agricultural Production |
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Fiscal Note for
Original Bill |
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Sponsor: Rep. Piotti of Unity |
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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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$59,724 |
$89,586 |
$94,065 |
$98,768 |
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Revenue |
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General Fund |
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($59,724) |
($89,586) |
($94,065) |
($98,768) |
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Other Special Revenue Funds |
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($3,276) |
($4,914) |
($5,160) |
($5,418) |
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Fiscal Detail
and Notes |
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Exempting water
used in agricultural production from the sales tax will reduce General Fund
revenue by an estimated $59,724 in fiscal year 2007-08 and $89,586 in fiscal
year 2008-09. |
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