125th MAINE LEGISLATURE
LD 1655 LR 2487(02)
An Act To Create a Sales Tax Exemption for the Sale and Delivery of Off-peak Electricity for Electric Thermal Storage Devices
Fiscal Note for Bill as Amended by Committee Amendment "   "
Committee: Taxation
Fiscal Note Required: Yes
             
Fiscal Note
FY 2011-12 FY 2012-13 Projections  FY 2013-14 Projections  FY 2014-15
Net Cost (Savings)
General Fund $2,090 $8,455 $8,540 $8,625
Revenue
General Fund ($2,090) ($8,455) ($8,540) ($8,625)
Other Special Revenue Funds ($110) ($445) ($449) ($454)
Fiscal Detail and Notes
The bill provides a sales tax exemption for off-peak electricity used by electric thermal storage devices.