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123rd MAINE LEGISLATURE |
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LD 1664 |
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LR 1219(02) |
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An Act To Exempt
Vegetable Seeds and Fertilizer from the 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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$78,679 |
$116,895 |
$121,571 |
$126,434 |
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Revenue |
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General Fund |
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($78,679) |
($116,895) |
($121,571) |
($126,434) |
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Other Special Revenue Funds |
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($4,316) |
($6,412) |
($6,668) |
($6,935) |
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Fiscal Detail
and Notes |
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Providing a sales
tax exemption for vegetable seeds will reduce General Fund revenue by an
estimated $78,679 in fiscal year 2007-08
and $116,895 in fiscal year 2008-09. |
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