| 123rd MAINE LEGISLATURE | ||||||
| LD 1597 | LR 2550(01) | |||||
| An Act Regarding the Service Provider Tax | ||||||
| Fiscal Note for Original Bill | ||||||
| Sponsor: Rep. Moore, G. of Standish | ||||||
| Committee: Taxation | ||||||
| Fiscal Note Required: Yes | ||||||
| Fiscal Note | ||||||
| 2007-08 | 2008-09 | Projections 2009-10 | Projections 2010-11 | |||
| Net Cost (Savings) | ||||||
| General Fund | $2,896,481 | $4,303,344 | $4,475,478 | $4,654,496 | ||
| Revenue | ||||||
| General Fund | ($2,896,481) | ($4,303,344) | ($4,475,478) | ($4,654,496) | ||
| Other Special Revenue Funds | ($158,879) | ($236,048) | ($245,490) | ($255,310) | ||
| Fiscal Detail and Notes | ||||||
| Removing the installation, maintenance and repair of telecommunications equipment from the service provider tax will reduce General Fund revenue by an estimated $2,896,481 in fiscal year 2007-08 and $4,303,344 in fiscal year 2008-09. | ||||||