| 125th MAINE LEGISLATURE | ||||||
| LD 469 | LR 136(02) | |||||
| An Act To Increase the Collection of Sales and Use Tax | ||||||
| Fiscal Note for Bill as Amended by Committee Amendment " " | ||||||
| Committee: Taxation | ||||||
| Fiscal Note Required: Yes | ||||||
| Fiscal Note | ||||||
| Current biennium revenue increase - General Fund Current biennium revenue increase - Other Special Revenue Funds |
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| Fiscal Detail and Notes | ||||||
| Requiring out-of-state retailers to notify purchasers in the state of the obligation to pay sales and use tax may increase tax collections credited to the General Fund and the Local Government Fund. The amount will depend on the number of Maine purchasers who are persuaded to pay additional taxes based on receiving notification from out-of-state retailers. Given the high uncertainty on the compliance rate of those receiving notification, no estimate is made of the additional revenue. | ||||||