| 122nd MAINE LEGISLATURE | |||||||||
| LD 2084 | LR 3190(01) | ||||||||
| An Act to Clarify the Taxable Status of Parts Provided under a Service Contract | |||||||||
| Fiscal Note for Original Bill | |||||||||
| Sponsor: Sen. Rotundo | |||||||||
| Committee: Taxation | |||||||||
| Fiscal Note Required: Yes | |||||||||
| Fiscal Note | |||||||||
| Projections | Projections | ||||||||
| 2005-06 | 2006-07 | 2007-08 | 2008-09 | ||||||
| Net Cost (Savings) | |||||||||
| General Fund | $0 | $122,231 | $142,200 | $151,680 | |||||
| Revenue | |||||||||
| General Fund | $0 | ($122,231) | ($142,200) | ($151,680) | |||||
| Other Special Revenue Funds | $0 | ($6,569) | ($7,800) | ($8,320) | |||||
| Fiscal Detail and Notes | |||||||||
| This bill will reduce Sales and Use Tax revenue by an estimated $128,800 in fiscal year 2006-07, resulting in a General Fund revenue loss of $122,231. | |||||||||