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125th MAINE LEGISLATURE |
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LD 1655 |
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LR 2487(01) |
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An Act To Create a
Sales Tax Exemption for the Sale and Delivery of Off-peak Electricity for
Electric Thermal Storage Devices |
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Preliminary Fiscal
Impact Statement for Original Bill |
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Sponsor: Sen. Courtney of York |
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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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$2,090 |
$8,455 |
$8,540 |
$8,625 |
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Revenue |
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General Fund |
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($2,090) |
($8,455) |
($8,540) |
($8,625) |
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Other Special Revenue Funds |
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($110) |
($445) |
($449) |
($454) |
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Fiscal Detail
and Notes |
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The bill provides
a sales tax exemption for off-peak electricity used by electric thermal
storage devices. |
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