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128th MAINE LEGISLATURE |
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LD 1209 |
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LR 1289(01) |
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An Act To Reserve
for County Government One Percent of the Excise Tax Revenue from the Sale of
Retail Marijuana |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Rep. Martin of Sinclair |
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Committee: Marijuana Legalization
Implementation |
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Fiscal Note Required: Yes |
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Preliminary
Fiscal Impact Statement |
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FY 2017-18 |
FY 2018-19 |
Projections FY 2019-20 |
Projections FY 2020-21 |
Net Cost
(Savings) |
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General Fund |
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$22,540 |
$104,860 |
$101,650 |
$101,650 |
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Revenue |
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General Fund |
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($22,540) |
($104,860) |
($101,650) |
($101,650) |
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Fiscal Detail
and Notes |
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General Fund
revenue would be reduced by $22,540 in fiscal year 2017-18 and $104,860 in
fiscal year 2018-19 from transferring 1% of the retail marijuana and
marijuana products sales tax to the counties.
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