|
|
|
|
|
|
|
|
132nd MAINE LEGISLATURE |
|
|
LD 145 |
|
LR 538(02) |
|
|
|
An Act Pertaining
to Sales and Use Tax Exemptions for Durable Medical Equipment, Breast Pumps
and Mobility-enhancing Equipment |
|
Fiscal Note for
Bill as Amended by Committee Amendment " " |
|
Committee: Taxation |
|
Fiscal Note Required: Yes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fiscal Note |
|
|
|
|
|
|
|
|
|
|
FY 2025-26 |
FY 2026-27 |
Projections FY 2027-28 |
Projections FY 2028-29 |
Net Cost
(Savings) |
|
|
|
|
|
|
General Fund |
|
$297,350 |
$730,550 |
$768,550 |
$806,550 |
|
|
|
|
|
|
|
Revenue |
|
|
|
|
|
|
General Fund |
|
($297,350) |
($730,550) |
($768,550) |
($806,550) |
|
Other Special Revenue Funds |
|
($15,650) |
($38,450) |
($40,450) |
($42,450) |
|
|
|
|
|
|
|
Fiscal Detail
and Notes |
|
|
|
|
|
|
This bill
includes a revenue decrease to the Bureau of Revenue Services within the
Department of Administrative and Financial Services of $297,350 in fiscal
year 2025-26 and $730,550 in fiscal year 2026-27 by providing a sales and use
tax exemption for durable medical equipment, breast pumps, and mobility
enhancing equipment for home use or use in a motor vehicle effective January
1, 2026. |
|
|
|
|
|
|
|