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An Act To Reduce the Sales Tax on Business Energy
Be it enacted by the People of the State of Maine as follows:
Sec. 1. 36 MRSA §1811, first ¶,  as amended by PL 2001, c. 439, Pt. TTTT, §2 and affected by §3, is further amended to read:
A tax is imposed on the value of all tangible personal property and taxable services sold at retail in this State. The rate of tax is 7% on the value of liquor sold in licensed establishments as defined in Title 28-A, section 2, subsection 15, in accordance with Title 28-A, chapter 43; 7% on the value of rental of living quarters in any hotel, rooming house or tourist or trailer camp; 10% on the value of rental for a period of less than one year of an automobile; 7% on the value of prepared food; 2.5% on the value of fuel and electricity sold to a business; and 5% on the value of all other tangible personal property and taxable services. Value is measured by the sale price, except as otherwise provided.
 
SUMMARY
This bill reduces to 2.5% the rate of sales tax imposed on electricity and fuel sold to a business.