131st MAINE LEGISLATURE
LD 1303 LR 1884(06)
An Act to Exempt Utility Vehicles Purchased for Qualified Commercial Fishing or Commercial Farming from State Sales Tax
Fiscal Note for Senate Amendment " " to Committee Amendment "A"
Sponsor: Sen. Rotundo of Androscoggin
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 ($110,200) ($277,400) ($145,825) $0
Revenue
General Fund $110,200 $277,400 $145,825 $0
Other Special Revenue Funds $5,800 $14,600 $7,675 $0
Fiscal Detail and Notes
This amendment adds an effective date of January 1, 2026. This eliminates the revenue loss to the General Fund and the Local Government Fund in Committee Amendment A as amended by Senate Amendment A for fiscal year 2023-24 and fiscal year 2024-25 and reduces the loss in fiscal year 2025-26.