132nd MAINE LEGISLATURE
		LD 1056		LR 961(02)
	An Act to Clarify the Tax Treatment of Prepaid Wireless Telecommunications Service in Maine
	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		$149,000	$337,000	$324,000	$311,000
Revenue
	General Fund		($149,000)	($337,000)	($324,000)	($311,000)
	Other Special Revenue Funds		($6,000)	($18,000)	($17,000)	($16,000)
Fiscal Detail and Notes
	This bill would result in a revenue decrease to the General Fund of $149,000 in fiscal year 2025-26 and $337,000 in fiscal year 2026-27 by including prepaid wireless telecommunications service and any ancillary service included with prepaid wireless telecommunications services in the definition of "taxable service" for purposes of sales and use tax and exempts it from the service provider tax effective January 1, 2026. The bill would also result in a revenue decrease to the Local Government Fund of $6,000 in fiscal year 2025-26 and $18,000 in fiscal year 2026-27.