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127th MAINE LEGISLATURE |
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LD 1000 |
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LR 1790(05) |
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An Act To Define
Prosthetic and Orthotic Devices for Purposes of the Sales Tax Law |
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Fiscal Note for
Bill as Engrossed with:
C "A" (H-110)
S "A" (S-494) |
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Committee: Taxation |
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| Fiscal Note |
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FY 2015-16 |
FY 2016-17 |
Projections FY 2017-18 |
Projections FY 2018-19 |
| Net Cost
(Savings) |
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General Fund |
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$0 |
$155,232 |
$204,820 |
$215,600 |
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| Revenue |
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General Fund |
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$0 |
($155,232) |
($204,820) |
($215,600) |
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Other Special Revenue Funds |
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$0 |
($3,168) |
($4,180) |
($4,400) |
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| Fiscal Detail
and Notes |
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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. |
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