LD 204 LR 274(01)
An Act To Exempt Veterans with ALS from the Excise Tax on Automobiles
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Rep. Daughtry of Brunswick
Committee: Taxation
Fiscal Note Required: Yes
Preliminary Fiscal Impact Statement
Current biennium revenue decrease - Municipalities
Potential minor revenue decrease - General Fund
Fiscal Detail and Notes
This legislation exempts veterans diagnosed with ALS from vehicle excise tax and would result in a loss of revenue to municipalities. No estimate of the loss to municipalities can be made at this time. To the extent out of state veterans register their vehicles in Maine, General Fund revenues could be reduced by minor amounts not requiring any change to the budget.