130th MAINE LEGISLATURE
LD 2030 LR 2676(06)
An Act To Provide for Reimbursement of the Sales Tax Paid on Certain Battery Energy Storage Systems
Fiscal Note for Senate Amendment "A" to Committee Amendment "A"
Sponsor: Sen. Breen of Cumberland
Fiscal Note Required: Yes
             
Fiscal Note
FY 2021-22 FY 2022-23 Projections  FY 2023-24 Projections  FY 2024-25
Net Cost (Savings)
General Fund $0 ($1,961,750) ($840,750) $1,961,750
Revenue
General Fund $0 $1,961,750 $840,750 ($1,961,750)
Other Special Revenue Funds $0 $103,250 $44,250 ($103,250)
Fiscal Detail and Notes
This amendment changes the sales tax exemption to a reimbursement which cannot be taken until July 1, 2023 and after. It restores the General Fund and Local Government Fund revenue reductions in fiscal year 2022-23.