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126th MAINE LEGISLATURE |
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LD 707 |
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LR 1598(02) |
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An Act To Provide
Assistance to Maine's Dairy Farms |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Agriculture, Conservation and
Forestry |
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Fiscal Note Required: Yes |
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| Fiscal Note |
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FY 2013-14 |
FY 2014-15 |
Projections FY 2015-16 |
Projections FY 2016-17 |
| Net Cost
(Savings) |
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General Fund |
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$250,800 |
$315,067 |
$316,643 |
$318,226 |
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| Revenue |
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General Fund |
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($250,800) |
($315,067) |
($316,643) |
($318,226) |
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Other Special Revenue Funds |
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($13,200) |
($16,583) |
($16,665) |
($16,749) |
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| Fiscal Detail
and Notes |
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This bill reduces
General Fund revenue by $250,800 in FY 2013-14 and by $315,067 in FY 2014-15
and reduces Municipal Revenue Sharing revenue by $13,200 in FY 2013-14 and by
$16,583 in FY 2014-15 due to refunding the sales tax paid on purchases of
fuel for use in commercial agricultural production and permitting a sales tax
exemption on this fuel if the purchaser receives an eligibility certificate
from Maine Revenue Services. |
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