132nd MAINE LEGISLATURE
		LD 1419		LR 1063(03)
	An Act to Provide a Sales Tax Exemption for Housing Constructed Off-site Similar to That for On-site Construction
	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		$0	$2,210,000	$2,456,000	$2,460,000
Revenue
	General Fund		$0	($2,210,000)	($2,456,000)	($2,460,000)
	Other Special Revenue Funds		$0	($107,000)	($129,000)	($129,000)
Fiscal Detail and Notes
	This bill would result in a revenue decrease to the General Fund of $2,210,000 in fiscal year 2026-27 by increasing the sales tax exemption for sales of new manufactured housing for all costs, excluding materials, included in the sale price from 50% to 75% effective July 1, 2026. The bill would also result in a revenue decrease to the Local Government Fund of $107,000 in fiscal year 2026-27.