| 123rd MAINE LEGISLATURE | ||||||
| LD 1094 | LR 1515(01) | |||||
| An Act To Exempt from the Sales Tax Water Used in Agricultural Production | ||||||
| Fiscal Note for Original Bill | ||||||
| Sponsor: Rep. Piotti of Unity | ||||||
| Committee: Taxation | ||||||
| Fiscal Note Required: Yes | ||||||
| Fiscal Note | ||||||
| 2007-08 | 2008-09 | Projections 2009-10 | Projections 2010-11 | |||
| Net Cost (Savings) | ||||||
| General Fund | $59,724 | $89,586 | $94,065 | $98,768 | ||
| Revenue | ||||||
| General Fund | ($59,724) | ($89,586) | ($94,065) | ($98,768) | ||
| Other Special Revenue Funds | ($3,276) | ($4,914) | ($5,160) | ($5,418) | ||
| Fiscal Detail and Notes | ||||||
| Exempting water used in agricultural production from the sales tax will reduce General Fund revenue by an estimated $59,724 in fiscal year 2007-08 and $89,586 in fiscal year 2008-09. | ||||||