125th MAINE LEGISLATURE
		LD 617		LR 1335(04)
	An Act To Modify the Process Regarding the Return of Unfit Tobacco Products
	Fiscal Note for Senate Amendment "   " to Committee Amendment "A"
	Sponsor: Sen. Rosen of Hancock
	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		($40,000)	$0	$0	$0
Revenue
	General Fund		$40,000	$0	$0	$0
Fiscal Detail and Notes
	This amendment delays the effective date for permitting the State Tax Assessor to recognize a credit for tobacco products taxes previously paid and to redeem cigarette tax stamps for tobacco products that are destroyed by a distributor because the products have become unfit for use, sale or consumption.  This will eliminate the fiscal year 2011-12 General Fund revenue loss of $40,000.