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131st MAINE LEGISLATURE |
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LD 2214 |
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LR 3108(13) |
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An Act to Make
Supplemental Appropriations and Allocations for the Expenditures of State
Government, General Fund and Other Funds and to Change Certain Provisions of
the Law Necessary to the Proper Operations of State Government for the Fiscal
Years Ending June 30, 2024 and June 30, 2025 |
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Fiscal Note for
Senate Amendment " " to Committee Amendment "A" |
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Sponsor: Sen. Brakey of Androscoggin |
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Fiscal Note Required: Yes |
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| Fiscal Note |
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FY 2023-24 |
FY 2024-25 |
Projections FY 2025-26 |
Projections FY 2026-27 |
| Net Cost
(Savings) |
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General Fund |
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$0 |
$1,084,900 |
$1,029,800 |
$998,450 |
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| Revenue |
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General Fund |
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$0 |
($1,084,900) |
($1,029,800) |
($998,450) |
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Other Special Revenue Funds |
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$0 |
($57,100) |
($54,200) |
($52,550) |
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| Fiscal Detail
and Notes |
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This amendment
provides a sales and use tax exemption for sales of gold and silver coins and
bullion. It will reduce General Fund revenue by $1,084,900 in fiscal year
2024-25. It will also reduce Local Government Fund revenue by $57,100 in
fiscal year 2024-25. |
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