123rd MAINE LEGISLATURE
		LD 2		LR 564(01)
	An Act To Provide a Tax Credit for the Purchase of a Hybrid or Clean Fuel Vehicle
	Fiscal Note for Original Bill
	Sponsor: Sen. Courtney of York
	Committee: Taxation
	Fiscal Note Required: Yes
Fiscal Note
			2007-08	2008-09	Projections 2009-10	Projections 2010-11
Net Cost (Savings)
	General Fund		$231,733	$398,189	$485,791	$592,666
Revenue
	General Fund		($231,733)	($398,189)	($485,791)	($592,666)
	Other Special Revenue Funds		($12,711)	($21,842)	($26,647)	($32,509)
Fiscal Detail and Notes
	The General Fund revenue loss associated with the partial sales tax exemption for clean fuel vehicles is estimated to be $231,733 in fiscal year 2007-08 and $398,189 in fiscal year 2008-09.