123rd MAINE LEGISLATURE
		LD 1976		LR 3016(03)
	An Act To Enhance Economic Development in Maine's Aviation 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	$1,606,936	$706,298	$582,870
Revenue
	General Fund		$0	($1,606,936)	($706,298)	($582,870)
	Other Special Revenue Funds		$0	($86,358)	($38,742)	($31,972)
Fiscal Detail and Notes
	Expanding the sales tax exemption for certain aircraft purchases and repairs will decrease General Fund revenue by $1,606,936 in fiscal year 2008-09.