124th MAINE LEGISLATURE
		LD 450		LR 851(02)
	An Act To Clarify the Sales Tax Exemption for Commercial Agricultural Crop Production
	Fiscal Note for Bill as Amended by Committee Amendment "   "
	Committee: Taxation
	Fiscal Note Required: Yes
Fiscal Note
			2009-10	2010-11	Projections 2011-12	Projections 2012-13
Net Cost (Savings)
	General Fund		$26,250	$35,500	$36,000	$37,000
Revenue
	General Fund		($26,250)	($35,500)	($36,000)	($37,000)
Fiscal Detail and Notes
	This bills expands the sales tax exemption for products used in commercial agricultural crop production to apply to silvicultural (forestry) crop production.  The expansion of the sales tax exemption is expected to reduce sales tax revenue. The administrative cost to Maine Revenue Services to enact this legislation can be absorbed within existing budgeted resources.