125th MAINE LEGISLATURE
		LD 396		LR 1226(02)
	An Act To Amend the Law Governing Sales Tax Exemptions for Certain Nonprofit Youth Organizations
	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		$5,700	$5,928	$6,165	$6,412
Revenue
	General Fund		($5,700)	($5,928)	($6,165)	($6,412)
	Other Special Revenue Funds		($300)	($312)	($324)	($337)
Fiscal Detail and Notes
	Expanding the existing sales tax exemption for nonprofit youth organizations to include those organizations whose primary purpose is to provide arts instruction in a nonresidential setting will reduce General Fund revenues and will reduce revenue sharing.