LD 1000 LR 1790(05)
An Act To Define Prosthetic and Orthotic Devices for Purposes of the Sales Tax Law
Fiscal Note for Bill as Engrossed with:
C "A" (H-110)
S "A" (S-494)
Committee: Taxation
Fiscal Note
FY 2015-16 FY 2016-17 Projections  FY 2017-18 Projections  FY 2018-19
Net Cost (Savings)
General Fund $0 $155,232 $204,820 $215,600
General Fund $0 ($155,232) ($204,820) ($215,600)
Other Special Revenue Funds $0 ($3,168) ($4,180) ($4,400)
Fiscal Detail and Notes
This bill exempts from sales tax sales of orthotic devices sold by prescription.  It would result in a loss of General Fund revenue of $155,232 in fiscal year 2016-17 and a loss to the Local Government Fund of $3,168 in fiscal year 2016-17.