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124th MAINE LEGISLATURE |
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LD 1352 |
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LR 248(02) |
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An Act To Exempt
from Taxation Biodiesel Fuel Produced for Personal Use |
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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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Minor cost increase - General Fund |
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Fiscal Detail
and Notes |
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This
bill provides that biodiesel fuel produced and used by a person or the
person's immediate family is exempt from motor fuel tax beginning on or after
October 1, 2009. Only a nominal amount
of biodiesel fuel was produced in the past two years and there would be
minimal tax revenue loss. |
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