127th MAINE LEGISLATURE
LD 590 LR 851(03)
An Act To Exempt a Fee for a Paper or Plastic Single-use Carry-out Bag from Tax
Fiscal Note for Bill as Engrossed with:
C "A" (S-15)
Committee: Taxation
             
Fiscal Note
FY 2014-15 FY 2015-16 FY 2016-17 Projections  FY 2017-18 Projections  FY 2018-19
Net Cost (Savings)
General Fund $9,144 $33,250 $33,915 $34,593 $35,285
Revenue
General Fund ($9,144) ($33,250) ($33,915) ($34,593) ($35,285)
Other Special Revenue Funds ($481) ($1,750) ($1,785) ($1,821) ($1,857)
Fiscal Detail and Notes
This bill exempts from sales tax any fee placed on a paper or plastic single-use carry-out bag.  The exemption will reduce General Fund revenue by $9,144 in fiscal year 2014-15, $33,250 in fiscal year 2015-16 and $33,915 in fiscal year 2016-17.  It will also reduce Local Government Fund revenue by $481 in fiscal year 2014-15, $1,750 in fiscal year 2015-16 and $1,785 in fiscal year 2016-17.