123rd MAINE LEGISLATURE
		LD 1092		LR 1523(01)
	An Act To Exempt from the Excise Tax Fuel Used in Certain Farm Trucks
	Fiscal Note for Original Bill
	Sponsor: Rep. Piotti of Unity
	Committee: Transportation
	Fiscal Note Required: Yes
Fiscal Note
			2007-08	2008-09	Projections 2009-10	Projections 2010-11
Net Cost (Savings)
	General Fund		$562	$780	$800	$810
	Highway Fund		$405,695	$563,058	$577,683	$584,996
Revenue
	General Fund		($562)	($780)	($800)	($810)
	Highway Fund		($405,695)	($563,058)	($577,683)	($584,996)
	Other Special Revenue Funds		($9,843)	($13,661)	($14,017)	($14,195)
Fiscal Detail and Notes
	Exempting from the excise tax fuel used in certain farm trucks will reduce General Fund revenue by an estimated $562 in fiscal year 2007-08 and $780 in fiscal year 2008-09.  It will reduce Highway Fund revenue by an estimated $405,695 in fiscal year 2007-08 and $563,058 in fiscal year 2008-09.