|
|
|
|
|
|
|
|
128th MAINE LEGISLATURE |
|
|
LD 1721 |
|
LR 2490(02) |
|
|
|
An Act To Require
Room Remarketers and Operators of Transient Rental Platforms To Be Registered
for the Collection and Reporting of Sales Taxes |
|
Fiscal Note for
Bill as Amended by Committee Amendment " " |
|
Committee: Taxation |
|
Fiscal Note Required: Yes |
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Fiscal Note |
|
|
|
|
|
|
|
|
|
|
FY 2017-18 |
FY 2018-19 |
Projections FY 2019-20 |
Projections FY 2020-21 |
| Net Cost
(Savings) |
|
|
|
|
|
|
General Fund |
|
$0 |
($1,867,372) |
($5,986,330) |
($6,274,940) |
|
|
|
|
|
|
|
| Revenue |
|
|
|
|
|
|
General Fund |
|
$0 |
$1,867,372 |
$5,986,330 |
$6,274,940 |
|
Other Special Revenue Funds |
|
$0 |
$100,288 |
$359,610 |
$459,170 |
|
|
|
|
|
|
|
| Fiscal Detail
and Notes |
|
|
|
|
|
|
This bill
requires online real property rental platforms to collect and remit sales
taxes and would result in an increase in General Fund revenue of $1,867,372
in fiscal year 2018-19 and an increase in Local Government Fund revenue of
$100,288 in fiscal year 2018-19. |
|
|
|
|
|
|
|