124th MAINE LEGISLATURE
		LD 1088		LR 1600(07)
	An Act To Modernize the Tax Laws and Provide over $75,000,000 to Residents of the State in Tax Relief
	Fiscal Note for House Amendment "   " to Committee Amendment "A"
	Sponsor: Rep. Watson of Bath
	Fiscal Note Required: Yes
Fiscal Note
			2009-10	2010-11	Projections 2011-12	Projections 2012-13
Net Cost (Savings)
	General Fund		$150,000	$300,000	$300,000	$300,000
Revenue
	General Fund		($150,000)	($300,000)	($300,000)	($300,000)
Fiscal Detail and Notes
	This amendment extends the current sales tax treatment for production machinery and equipment to all machinery and equipment at a manufacturing facility effective January 1, 2010.  This change will reduce sales tax in FY 2009-10 by $150,000 and $300,000 in FY 2010-11.