132nd MAINE LEGISLATURE
		LD 1515		LR 1025(02)
	An Act to Exempt Wheelchair Adapted Vehicles from the 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		$92,000	$181,000	$131,000	$132,000
	Highway Fund		$0	$37,000	$87,000	$87,000
Revenue
	General Fund		($92,000)	($181,000)	($131,000)	($132,000)
	Highway Fund		$0	($37,000)	($87,000)	($87,000)
	Other Special Revenue Funds		($4,000)	($11,000)	($11,000)	($11,000)
Fiscal Detail and Notes
	This bill includes a revenue decrease to the General Fund of $92,000 in fiscal year 2025-26 and $181,000 in fiscal year 2026-27 by providing sales and use tax exemptions to purchasers with active disability plates or placards on sales of motor vehicles adapted for the use of occupants in wheelchairs or intended to be so adapted within 6 months of purchase effective January 1, 2026. The bill also includes a revenue decrease to the Highway Fund of $37,000 in fiscal year 2026-27 as well as a revenue decrease to the Local Government Fund of $4,000 in fiscal year 2025-26 and $11,000 in fiscal year 2026-27.