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128th MAINE LEGISLATURE |
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LD 204 |
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LR 274(01) |
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An Act To Exempt
Veterans with ALS from the Excise Tax on Automobiles |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Rep. Daughtry of Brunswick |
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Committee: Taxation |
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Fiscal Note Required: Yes |
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Preliminary
Fiscal Impact Statement |
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Current biennium revenue decrease - Municipalities
Potential minor revenue decrease - General Fund |
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Fiscal Detail
and Notes |
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This legislation
exempts veterans diagnosed with ALS from vehicle excise tax and would result
in a loss of revenue to municipalities. No estimate of the loss to
municipalities can be made at this time. To the extent out of state veterans
register their vehicles in Maine, General Fund revenues could be reduced by
minor amounts not requiring any change to the budget. |
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