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122nd MAINE LEGISLATURE |
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LD 353 |
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LR 1666(04) |
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An Act
To Exempt the United States Flag from State Taxation |
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Fiscal Note for Senate Amendment " " |
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Sponsor: Sen. Gagnon |
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Fiscal Note Required: Yes |
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| Fiscal Note |
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Projections |
Projections |
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2005-06 |
2006-07 |
2007-08 |
2008-09 |
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| Net Cost
(Savings) |
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General Fund |
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$102,384 |
$146,466 |
$150,860 |
$155,385 |
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| Revenue |
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General Fund |
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($102,384) |
($146,466) |
($150,860) |
($155,385) |
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Other Special Revenue Funds |
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($5,616) |
($8,034) |
($8,275) |
($8,523) |
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| Fiscal Detail
and Notes |
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This
amendment increases the General Fund cost of the bill by $102,384 in fiscal
year 2005-06 and $146,466 in fiscal year 2006-07 due to exempting sales of
the Maine flag from the sales and use tax. |
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