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128th MAINE LEGISLATURE |
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LD 206 |
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LR 9(01) |
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An Act To Exempt
Feminine Hygiene Products from Sales Tax |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Rep. Campbell of Orrington |
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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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FY 2017-18 |
FY 2018-19 |
Projections FY 2019-20 |
Projections FY 2020-21 |
| Net Cost
(Savings) |
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General Fund |
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$553,896 |
$768,069 |
$774,339 |
$805,313 |
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| Revenue |
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General Fund |
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($553,896) |
($768,069) |
($774,339) |
($805,313) |
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Other Special Revenue Funds |
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($11,304) |
($15,675) |
($40,755) |
($42,385) |
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| Fiscal Detail
and Notes |
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This bill
provides a sales tax exemption for feminine hygiene products and would result
in a loss of General Fund revenue of $553,896 in fiscal year 2017-18 and
$768,069 in fiscal year 2018-19 and a loss of Local Government Fund revenue
of $11,304 in fiscal year 2017-18 and $15,675 in fiscal year 2018-19. |
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