128th MAINE LEGISLATURE
LD 1209 LR 1289(01)
An Act To Reserve for County Government One Percent of the Excise Tax Revenue from the Sale of Retail Marijuana
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Rep. Martin of Sinclair
Committee: Marijuana Legalization Implementation
Fiscal Note Required: Yes
             
Preliminary Fiscal Impact Statement
FY 2017-18 FY 2018-19 Projections  FY 2019-20 Projections  FY 2020-21
Net Cost (Savings)
General Fund $22,540 $104,860 $101,650 $101,650
Revenue
General Fund ($22,540) ($104,860) ($101,650) ($101,650)
Fiscal Detail and Notes
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.