123rd MAINE LEGISLATURE
LD 2228 LR 3453(02)
Resolve, To Provide a Rebate of Diesel Fuel Taxes Paid by Maine's Forest Products Industry
Fiscal Note for Bill as Amended by Committee Amendment "     "
Committee: Taxation
Fiscal Note Required: Yes
             
Fiscal Note
2007-08 2008-09 Projections 2009-10 Projections 2010-11
Net Cost (Savings)
Highway Fund $4,357,500 $2,905,000 $0 $0
Revenue
Highway Fund ($4,357,500) ($2,905,000) $0 $0
Fiscal Detail and Notes
The Highway Fund revenue loss associated with the special fuel tax refund for fuel used to transport forest products to and from a mill is estimated to be $4,357,500 in fiscal year 2007-08 and $2,905,000 in fiscal year 2008-09.