| 123rd MAINE LEGISLATURE | ||||||
| LD 1664 | LR 1219(02) | |||||
| An Act To Exempt Vegetable Seeds and Fertilizer from the Sales Tax | ||||||
| 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 | $78,679 | $116,895 | $121,571 | $126,434 | ||
| Revenue | ||||||
| General Fund | ($78,679) | ($116,895) | ($121,571) | ($126,434) | ||
| Other Special Revenue Funds | ($4,316) | ($6,412) | ($6,668) | ($6,935) | ||
| Fiscal Detail and Notes | ||||||
| Providing a sales tax exemption for vegetable seeds will reduce General Fund revenue by an estimated $78,679 in fiscal year 2007-08 and $116,895 in fiscal year 2008-09. | ||||||