125th MAINE LEGISLATURE
		LD 961		LR 1028(02)
	An Act To Exempt Internet Sales from the Sales and Use Tax
	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		$475,000,000	$546,250,000	$600,875,000	$660,962,500
Revenue
	General Fund		($475,000,000)	($546,250,000)	($600,875,000)	($660,962,500)
	Other Special Revenue Funds		($25,000,000)	($28,750,000)	($31,625,000)	($34,787,500)
Fiscal Detail and Notes
	Exempting all purchases made over the Internet from sales and use tax would drive sales to the Internet, substantially reducing General Fund revenue and revenue sharing.