129th MAINE LEGISLATURE
		LD 726		LR 2048(02)
	An Act To Make Sales to Area Agencies on Aging Tax-exempt
	Fiscal Note for Bill as Amended by Committee Amendment " "
	Committee: Taxation
	Fiscal Note Required: Yes
Fiscal Note
			FY 2019-20	FY 2020-21	Projections  FY 2021-22	Projections  FY 2022-23
Net Cost (Savings)
	General Fund		$26,600	$37,525	$39,900	$42,275
Revenue
	General Fund		($26,600)	($37,525)	($39,900)	($42,275)
	Other Special Revenue Funds		($1,400)	($1,975)	($2,100)	($2,225)
Fiscal Detail and Notes
	The bill provides sales tax and service provider tax exemptions for sales to area agencies on aging and would result in a loss of General Fund revenue of $26,600 in fiscal year 2019-20 and $37,525 in fiscal year 2020-21.  It would also result in a loss of Other Special Revenue Funds revenue of $1,400 in fiscal year 2019-20 and $1,975 in fiscal year 2020-21.