127th MAINE LEGISLATURE
		LD 689		LR 1003(02)
	An Act To Support Maine's Tourism Marketing Promotion Program by Eliminating the Sales Tax Exemption for Casual Rentals for Fewer Than 15 Days a Year
	Fiscal Note for Bill as Amended by Committee Amendment " "
	Committee: Taxation
	Fiscal Note Required: Yes
Fiscal Note
			FY 2015-16	FY 2016-17	Projections  FY 2017-18	Projections  FY 2018-19
Net Cost (Savings)
	General Fund		($42,322)	($131,264)	($132,152)	($137,656)
Revenue
	General Fund		$42,322	$131,264	$132,152	$137,656
	Other Special Revenue Funds		$2,228	$9,136	$13,864	$14,201
Fiscal Detail and Notes
	Eliminating the sales tax exemption for casual rentals for fewer than 15 days a year would increase General Fund revenue by $42,322 in fiscal year 2015-16 and $131,264 in fiscal year 2016-17.  It would also increase Local Government Fund and Tourism Marketing and Promotion Fund revenue combined by $2,228 in fiscal year 2015-16 and $9,136 in fiscal year 2016-17.