128th MAINE LEGISLATURE
LD 76 LR 133(02)
An Act To Exempt Diapering Products from the Sales Tax
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Taxation
Fiscal Note Required: Yes
             
Fiscal Note
FY 2017-18 FY 2018-19 Projections  FY 2019-20 Projections  FY 2020-21
Net Cost (Savings)
General Fund $1,102,500 $1,528,800 $1,541,280 $1,602,931
Revenue
General Fund ($1,102,500) ($1,528,800) ($1,541,280) ($1,602,931)
Other Special Revenue Funds ($22,500) ($31,200) ($81,120) ($84,365)
Fiscal Detail and Notes
This bill provides a sales tax exemption for diapering products and would result in a loss of General Fund revenue of $1,102,500 in fiscal year 2017-18 and $1,528,800 in fiscal year 2018-19 and a loss of Local Government Fund revenue of $22,500 in fiscal year 2017-18 and $31,200 in fiscal year 2018-19.