128th MAINE LEGISLATURE
LD 1170 LR 1204(06)
An Act To Reduce Youth Access to Tobacco Products
Fiscal Note for Senate Amendment " " to Committee Amendment "A"
Sponsor: Sen. Davis, Sr. of Piscataquis
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 ($3,587,017) ($4,594,128) ($4,295,648) ($4,020,483)
Revenue
General Fund $3,587,017 $4,594,128 $4,295,648 $4,020,483
Other Special Revenue Funds $6,616 $8,546 $20,432 $19,532
Fiscal Detail and Notes
This amendment adds an exception to raising the legal age to purchase cigarettes and tobacco products from 18 to 21 for individuals who are 18 years old as of July 1, 2018.  The incremental impact compared to committee amendment A is to increase General Fund revenue by $3,587,017 in fiscal year 2017-18 and by $4,594,128 in fiscal year 2018-19 and to increase Local Government Fund revenue by $6,616 in fiscal year 2017-18 and by $8,546 in fiscal year 2018-19.
As amended, the bill would have no revenue loss in fiscal year 2017-18, a loss of General Fund revenue of $106,075 in fiscal year 2018-19 and a loss of Local Government Fund revenue of $111 in fiscal year 2018-19.