| 125th MAINE LEGISLATURE | ||||||
| LD 234 | LR 633(04) | |||||
| An Act To Provide a Sales Tax Exemption to Commercial Horticulturists | ||||||
| Fiscal Note for Bill as Amended by Committee Amendment " " | ||||||
| Committee: Taxation | ||||||
| Fiscal Note Required: Yes | ||||||
| Fiscal Note | ||||||
| FY 2011-12 | FY 2012-13 | Projections FY 2013-14 | Projections FY 2014-15 | |||
| Net Cost (Savings) | ||||||
| General Fund | $0 | $9,500 | $9,785 | $10,079 | ||
| Revenue | ||||||
| General Fund | $0 | ($9,500) | ($9,785) | ($10,079) | ||
| Other Special Revenue Funds | $0 | ($500) | ($515) | ($530) | ||
| Fiscal Detail and Notes | ||||||
| Providing a sales tax exemption for certain products used in commercial agricultural production to include products used in commercial horticulture will reduce General Fund revenue by $9,500 annually and will reduce revenue sharing by approximately $500 annually. | ||||||