128th MAINE LEGISLATURE
LD 1597 LR 2307(02)
An Act To Exempt from Sales Tax the Fee Associated with the Paint Stewardship Program
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 $34,300 $71,344 $71,926 $74,803
Revenue
General Fund ($34,300) ($71,344) ($71,926) ($74,803)
Other Special Revenue Funds ($700) ($1,456) ($3,786) ($3,937)
Fiscal Detail and Notes
This bill provides an exclusion from sales tax of the paint stewardship assessments and would result in a reduction in General Fund revenue of $34,300 in fiscal year 2017-18 and $71,344 in fiscal year 2018-19 and a reduction in Local Government Fund revenue of $700 in fiscal year 2017-18 and $1,456 in fiscal year 2018-19.