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128th MAINE LEGISLATURE |
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LD 1755 |
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LR 2814(03) |
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An Act To Provide
a Sales Tax Exemption for Nonprofit Heating Assistance Organizations |
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Fiscal Note for
Bill as Engrossed with:
C "A" (H-679) |
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Committee: Taxation |
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| Fiscal Note |
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Minor cost increase - General Fund
Minor revenue decrease - General Fund
Minor revenue decrease - Other Special Revenue Funds |
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| Fiscal Detail
and Notes |
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This legislation
proposes a sales tax exemption for 501(c)(3) organizations that provide
residential heating assistance to low-income individuals. General Fund and Local Government Fund
revenues would be reduced by minor amounts not requiring any change to the
budget. Any additional costs to the
Department of Administrative and Financial Services associated with this
legislation can be absorbed within existing budgeted resources. |
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