| 124th MAINE LEGISLATURE | ||||||
| LD 1352 | LR 248(01) | |||||
| An Act To Exempt from Taxation Biodiesel Fuel Produced for Personal Use | ||||||
| Preliminary Fiscal Impact Statement for Original Bill | ||||||
| Sponsor: Sen. Bartlett II of Cumberland | ||||||
| Committee: Taxation | ||||||
| Fiscal Note Required: No | ||||||
| Preliminary Fiscal Impact Statement | ||||||
| Minor cost increase - General Fund | ||||||
| Fiscal Detail and Notes | ||||||
| This bill provides that biodiesel fuel produced and used by someone or their immediate family is exempt from motor fuel tax. Maine Revenue Services indicates that only a nominal amount of fuel was produced in the past two years and there would be minimal tax revenue loss. | ||||||