123rd MAINE LEGISLATURE
LD 1597 LR 2550(01)
An Act Regarding the Service Provider Tax
Fiscal Note for Original Bill
Sponsor: Rep. Moore, G. of Standish
Committee: Taxation
Fiscal Note Required: Yes
             
Fiscal Note
2007-08 2008-09 Projections 2009-10 Projections 2010-11
Net Cost (Savings)
General Fund $2,896,481 $4,303,344 $4,475,478 $4,654,496
Revenue
General Fund ($2,896,481) ($4,303,344) ($4,475,478) ($4,654,496)
Other Special Revenue Funds ($158,879) ($236,048) ($245,490) ($255,310)
Fiscal Detail and Notes
Removing the installation, maintenance and repair of telecommunications equipment from the service provider tax will reduce General Fund revenue by an estimated $2,896,481 in fiscal year 2007-08 and $4,303,344 in fiscal year 2008-09.