129th MAINE LEGISLATURE
LD 1808 LR 2512(03)
An Act To Provide a Sales Tax Exemption for Certain Nonprofit Charitable Organizations
Fiscal Note for Bill as Engrossed with:
C "A" (H-599)
Committee: Taxation
             
Fiscal Note
FY 2019-20 FY 2020-21 Projections  FY 2021-22 Projections  FY 2022-23
Net Cost (Savings)
General Fund $148,000 $199,500 $205,485 $211,650
Appropriations/Allocations
General Fund $15,000 $0 $0 $0
Revenue
General Fund ($133,000) ($199,500) ($205,485) ($211,650)
Other Special Revenue Funds ($7,000) ($10,500) ($10,815) ($11,139)
Fiscal Detail and Notes
The bill provides a sales tax exemption to certain nonprofit charitable organizations and would result in a reduction in General Fund revenue of $133,000 in fiscal year 2019-20 and $199,500 in fiscal year 2020-21.  It would also result in a reduction in Local Government Fund revenue of $7,000 in fiscal year 2019-20 and $10,500 in fiscal year 2020-21.  The bill includes a one-time General Fund appropriation of $15,000 in fiscal year 2019-20 to the Department of Administrative and Financial Services for programming costs related to creating a sales tax exemption certificate.