132nd MAINE LEGISLATURE
		LD 1077		LR 1538(02)
	An Act to Exempt Drinking Water from Sales and Use Tax
	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		$2,424,000	$5,913,000	$6,118,000	$6,348,000
Revenue
	General Fund		($2,424,000)	($5,913,000)	($6,118,000)	($6,348,000)
	Other Special Revenue Funds		($101,000)	($310,000)	($321,000)	($333,000)
Fiscal Detail and Notes
	This bill would result in a revenue decrease to the General Fund of $2,424,000 in fiscal year 2025-26 and $5,913,000 in fiscal year 2026-27 by providing sales and use tax exemptions on sales of bottled water effective January 1, 2026. The bill would also result in a revenue decrease to the Local Government Fund of $101,000 in fiscal year 2025-26 and $310,000 in fiscal year 2026-27.