| 124th MAINE LEGISLATURE | ||||||
| LD 1674 | LR 2250(01) | |||||
| An Act To Amend the Law Governing Sales Tax Exemptions for Certain Nonprofit Youth Organizations | ||||||
| Preliminary Fiscal Impact Statement for Original Bill | ||||||
| Sponsor: Sen. Sherman of Aroostook | ||||||
| Committee: Taxation | ||||||
| Fiscal Note Required: No | ||||||
| Preliminary Fiscal Impact Statement | ||||||
| Current biennium revenue decrease - General Fund | ||||||
| Fiscal Detail and Notes | ||||||
| This bill expands the sales tax exemption for nonprofit youth organizations providing athletic instruction to also include provision of "artistic" instruction. This measure would decrease sales tax revenue but no estimate of the revenue loss is made at this time. Clarification of the definition of "artistic" instruction could make it clearer how many organizations would come within the scope of the broader exemption and improve the quality of any estimate. | ||||||