|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
122nd MAINE LEGISLATURE |
|
|
|
|
|
LD 353 |
|
LR 1666(02) |
|
|
|
|
|
|
An Act
To Exempt the United States Flag from State Taxation |
|
|
|
|
|
|
|
|
|
|
|
|
Fiscal Note for Bill as Amended by Committee
Amendment " " |
|
|
|
|
Committee: Taxation |
|
|
|
|
Fiscal Note Required: Yes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fiscal Note |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Projections |
Projections |
|
|
|
|
|
|
2005-06 |
2006-07 |
2007-08 |
2008-09 |
|
|
|
Net Cost
(Savings) |
|
|
|
|
|
|
|
|
|
General Fund |
|
$293,501 |
$415,793 |
$424,109 |
$432,591 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenue |
|
|
|
|
|
|
|
|
|
General Fund |
|
($293,501) |
($415,793) |
($424,109) |
($432,591) |
|
|
|
|
Other Special Revenue Funds |
|
($16,099) |
($22,807) |
($23,263) |
($23,729) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Fiscal Detail
and Notes |
|
|
|
|
|
|
|
|
|
Exempting
sales of the United States flag from the sales and use tax is expected to
reduce General Fund revenue by $293,501 in fiscal year 2005-06 and $415,793
in fiscal year 2006-07. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|