131st MAINE LEGISLATURE
		LD 287		LR 235(02)
	An Act to Support Parents by Providing a Sales Tax Exemption for Diapers
	Fiscal Note for Bill as Amended by Committee Amendment " "
	Committee: Taxation
	Fiscal Note Required: Yes
Fiscal Note
			FY 2023-24	FY 2024-25	Projections  FY 2025-26	Projections  FY 2026-27
Net Cost (Savings)
	General Fund		$788,850	$1,976,950	$2,099,500	$2,242,000
Revenue
	General Fund		($788,850)	($1,976,950)	($2,099,500)	($2,242,000)
	Other Special Revenue Funds		($41,500)	($104,050)	($110,500)	($118,000)
Fiscal Detail and Notes
	This bill provides a sales tax exemption for disposable and reusable diapers for children. It will  reduce General Fund revenue by $788,850 in fiscal year 2023-24 and $1,976,950 in fiscal year 2024-25. It will also reduce Local Government Fund revenue by $41,500 in fiscal year 2023-24 and $104,050 in fiscal year 2024-25.