124th MAINE LEGISLATURE
LD 1046 LR 693(01)
An Act To Exempt Cleaning Products for Milking Machines from the Sales Tax
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Rep. Curtis of Madison
Committee: Taxation
Fiscal Note Required: Yes
             
Preliminary Fiscal Impact Statement
2009-10 2010-11 Projections 2011-12 Projections 2012-13
Net Cost (Savings)
General Fund $21,352 $21,352 $21,352 $21,352
Revenue
General Fund ($21,352) ($21,352) ($21,352) ($21,352)
Other Special Revenue Funds ($1,148) ($1,148) ($1,148) ($1,148)
Fiscal Detail and Notes
This bill exempts the products used to clean milking machines from sales tax. The sales tax exemption would reduce revenue to the General Fund by $21,352 in FY 2009-10 and 2010-11.  The exemption would also reduce revenue to and distribution from Municipal Revenue Sharing by $1,148 in FY 2009-10 and 2010-11. Administrative costs to Maine Revenue Services associated with this change can be absorbed within existing budgeted resources.