131st MAINE LEGISLATURE
		LD 1852		LR 1798(02)
	An Act to Eliminate the Lodging Tax on Campground Sites and Revert to Using the Current Sales Tax
	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		$1,265,400	$2,694,500	$2,530,600	$2,595,800
Appropriations/Allocations
	Other Special Revenue Funds		$0	($146,000)	($365,000)	($372,000)
Revenue
	General Fund		($1,265,400)	($2,694,500)	($2,530,600)	($2,595,800)
	Other Special Revenue Funds		($66,600)	($295,500)	($517,400)	($528,200)
Fiscal Detail and Notes
	Reducing the sales tax on rentals of recreational vehicles and sites for tents and recreational vehicles from 9% to 5.5% effective October 1, 2023 will reduce General Fund revenue by $1,265,400 in fiscal year 2023-24 and $2,694,500 in fiscal year 2024-25.  It will also reduce Local Government Fund revenue by $66,600 in fiscal year 2023-24 and $149,500 in fiscal year 2024-25 and reduce the amount of revenue received in the Tourism Marketing Promotion Fund by approximately $146,000 in fiscal year 2024-25.   This bill includes a corresponding Other Special Revenue Funds deallocation to the Office of Tourism within the Department of Economic and Community Development to reflect the reduction in revenue.