125th MAINE LEGISLATURE
		LD 239		LR 966(01)
	An Act To Provide a Sales Tax Exemption on Fuel Used for Heating a Business
	Preliminary Fiscal Impact Statement for Original Bill
	Sponsor: Rep. Johnson of Greenville
	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		$16,150,000	$16,150,000	$16,150,000	$16,150,000
Revenue
	General Fund		($16,150,000)	($16,150,000)	($16,150,000)	($16,150,000)
	Other Special Revenue Funds		($850,000)	($850,000)	($850,000)	($850,000)
Fiscal Detail and Notes
	Providing a sales tax exemption for purchases of coal, oil, wood or gas used for heating a business will reduce General Fund revenue by $16,150,000 annually and reduce revenue sharing.