| 123rd MAINE LEGISLATURE | ||||||
| LD 1214 | LR 1920(02) | |||||
| An Act To Improve the Competitiveness of Maine's Boat Building Industry | ||||||
| Fiscal Note for Bill as Amended by Committee Amendment " " | ||||||
| Committee: Taxation | ||||||
| Fiscal Note Required: Yes | ||||||
| Fiscal Note | ||||||
| 2007-08 | 2008-09 | Projections 2009-10 | Projections 2010-11 | |||
| Net Cost (Savings) | ||||||
| General Fund | $0 | $309,327 | $318,270 | $327,818 | ||
| Revenue | ||||||
| General Fund | $0 | ($309,327) | ($318,270) | ($327,818) | ||
| Other Special Revenue Funds | $0 | ($16,623) | ($17,458) | ($17,982) | ||
| Fiscal Detail and Notes | ||||||
| Expanding the sales tax exemption for certain watercraft purchases by nonresidents will reduce General Fund revenue by an estimated $309,327 in fiscal year 2008-09. | ||||||