125th MAINE LEGISLATURE
		LD 59		LR 335(01)
	An Act To Provide Sales Tax Exemption or Refund on Parts and Supplies Purchased To Operate Windjammers
	Preliminary Fiscal Impact Statement for Original Bill
	Sponsor: Rep. Mazurek of Rockland
	Committee: Taxation
	Fiscal Note Required: Yes
Preliminary Fiscal Impact Statement
			FY 2011-12	FY 2012-13	Projections  FY 2013-14	Projections  FY 2014-15
Net Cost (Savings)
	General Fund		$36,688	$118,750	$118,750	$118,750
Appropriations/Allocations
	General Fund		$7,000	$0	$0	$0
Revenue
	General Fund		($29,688)	($118,750)	($118,750)	($118,750)
	Other Special Revenue Funds		($1,563)	($6,250)	($6,250)	($6,250)
Fiscal Detail and Notes
	Authorizing sales tax refunds and exemption certificates for the purchase of parts and supplies used for the operation, repair or maintenance of windjammers used to carry cargo or passengers for a fee will deprive the General Fund of certain sales tax revenues and reduce revenue sharing.  Changing Bureau of Revenue Services computer systems, creating tax certificates and generating new tax forms to implement the refund and exemption will result in certain one-time administrative costs.  The associated ongoing mailing and processing costs can be absorbed within existing budgeted resources.