LD 2214 LR 3108(13)
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
Fiscal Note for Senate Amendment " " to Committee Amendment "A"
Sponsor: Sen. Brakey 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 $0 $1,084,900 $1,029,800 $998,450
General Fund $0 ($1,084,900) ($1,029,800) ($998,450)
Other Special Revenue Funds $0 ($57,100) ($54,200) ($52,550)
Fiscal Detail and Notes
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.