2-C. Annual resale certificates; contents; presentation to vendor. The assessor shall annually periodically review the status of each retailer registered under this section. On or before December 31st of each year the date of expiration of a resale certificate, the assessor shall issue to each registered retailer with gross sales of $10,000 $3,000 or more during the 12 months preceding the assessor's review an annual a resale certificate effective for the next succeeding 3 calendar year years. Any subsequent annual resale certificate issued is effective for the next 5 calendar years. Each certificate must contain the name and address of the retailer, the expiration date of the certificate and the certificate number. If a vendor has a true copy of a retailer's resale certificate on file, that retailer need not present the certificate for each subsequent transaction with that vendor during the calendar year period for which it is valid.

Sec. OOO-2. Appropriations and allocations. The following appropriations and allocations are made.

ADMINISTRATIVE AND FINANCIAL SERVICES, DEPARTMENT OF

Maine Revenue Services 0002

Initiative: Provides one-time funds for the printing and mailing costs associated with the change in resale certificates.

GENERAL FUND 2005-06 2006-07

All Other $0 $4,000

__________ __________

GENERAL FUND TOTAL $0 $4,000

PART PPP