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130th MAINE LEGISLATURE |
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LD 2030 |
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LR 2676(06) |
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An Act To Provide
for Reimbursement of the Sales Tax Paid on Certain Battery Energy Storage
Systems |
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Fiscal Note for
Senate Amendment "A" to Committee Amendment "A" |
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Sponsor: Sen. Breen of Cumberland |
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Fiscal Note Required: Yes |
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Fiscal Note |
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FY 2021-22 |
FY 2022-23 |
Projections FY 2023-24 |
Projections FY 2024-25 |
Net Cost
(Savings) |
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General Fund |
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$0 |
($1,961,750) |
($840,750) |
$1,961,750 |
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Revenue |
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General Fund |
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$0 |
$1,961,750 |
$840,750 |
($1,961,750) |
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Other Special Revenue Funds |
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$0 |
$103,250 |
$44,250 |
($103,250) |
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Fiscal Detail
and Notes |
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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. |
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