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125th MAINE LEGISLATURE |
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LD 88 |
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LR 500(01) |
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An Act To
Streamline Purchasing by Entities Exempt from Sales Tax |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Rep. McCabe of Skowhegan |
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Committee: Taxation |
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Fiscal Note Required: Yes |
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Preliminary
Fiscal Impact Statement |
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FY 2011-12 |
FY 2012-13 |
Projections FY 2013-14 |
Projections FY 2014-15 |
Net Cost
(Savings) |
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General Fund |
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$25,000 |
$0 |
$0 |
$0 |
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Appropriations/Allocations |
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General Fund |
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$25,000 |
$0 |
$0 |
$0 |
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Fiscal Detail
and Notes |
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Creating a
web-based look-up program on a publicly accessible website to assist
retailers and purchasers in identifying valid purchases made with sales tax
exemption certificates will require certain one-time administrative
expenditures to establish the program. |
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