125th MAINE LEGISLATURE
		LD 1809		LR 2740(02)
	An Act To Apply the Sales Tax on Camper Trailers and Motor Homes Purchased for Rental in the Same Manner as on Automobiles Purchased for Rental
	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		$0	$55,465	$111,824	$100,641
Revenue
	General Fund		$0	($55,465)	($111,824)	($100,641)
	Other Special Revenue Funds		$0	($2,919)	($5,885)	($5,297)
Fiscal Detail and Notes
	The bill provides that camper trailers and motor homes purchased for rental after October 1, 2012 will not be subject to sales tax at the time of purchase. Instead, the rental of such a vehicle shall be considered to be a taxable service. These changes will reduce General Fund receipts by $55,465 in FY 2012-13 and will reduce revenue sharing by $2,919 in that year. General Fund revenue reductions will increase to an estimated  $111,824 in FY 2013-14, but losses will begin diminishing in FY 2014-15 as more rentals become subject to sales tax.