125th MAINE LEGISLATURE
		LD 6		LR 75(02)
	An Act To Provide a Sales Tax Exemption for Bags Provided by Redemption Centers for Returnable Containers
	Fiscal Note for Bill as Amended by Committee Amendment "   "
	Committee: Taxation
	Fiscal Note Required: Yes
Fiscal Note
		FY 2010-11	FY 2011-12	FY 2012-13	Projections  FY 2013-14	Projections  FY 2014-15
Net Cost (Savings)
	General Fund	$66,880	$158,175	$27,301	$28,529	$29,813
Revenue
	General Fund	($66,880)	($158,175)	($27,301)	($28,529)	($29,813)
	Other Special Revenue Funds	($3,520)	($8,325)	($1,437)	($1,502)	($1,569)
Fiscal Detail and Notes
	Creating an exemption from sales tax on a retroactive basis back to Jan 2004 for plastic bags used by licensed local redemption centers to sort, store and transport returnable beverage containers will result in a loss of revenue to the General Fund and reduce revenue sharing.  Any additional costs associated with administration of the sales tax exemption can be absorbed within existing  budgeted resources.