132nd MAINE LEGISLATURE
LD 1942 LR 2082(05)
An Act to Modify Taxes Applying to Adult Use Cannabis, Hemp and Hemp Products
Fiscal Note for Senate Amendment " " to Committee Amendment "A"
Sponsor: Sen. Grohoski of Hancock
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 ($321,030) ($746,400) ($751,800)
Appropriations/Allocations
General Fund $0 ($39,130) $0 $0
Revenue
General Fund $0 $281,900 $746,400 $751,800
Other Special Revenue Funds $0 $22,100 $76,600 $77,200
Fiscal Detail and Notes
This amendment would reduce the revenue decrease to the General Fund by $281,900 in fiscal year 2026-27, $746,400 in fiscal year 2027-28 and $751,800 in fiscal year 2028-29. The amendment would also decrease the revenue decrease to the Local Government Fund and the Adult Use Cannabis Public Health and Safety Fund totaling $22,100 in fiscal year 2026-27, $76,600 in fiscal year 2027-28 and $77,200 in fiscal year 2028-29. The amendment also reduces the appropriation for administrative expenses by $39,130 in fiscal year 2026-27.