129th MAINE LEGISLATURE
LD 286 LR 397(02)
An Act To Provide a Sales Tax Exemption for Feminine Hygiene Products
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Taxation
Fiscal Note Required: Yes
             
Fiscal Note
FY 2019-20 FY 2020-21 Projections  FY 2021-22 Projections  FY 2022-23
Net Cost (Savings)
General Fund $589,000 $817,000 $855,000 $883,500
Revenue
General Fund ($589,000) ($817,000) ($855,000) ($883,500)
Other Special Revenue Funds ($31,000) ($43,000) ($45,000) ($46,500)
Fiscal Detail and Notes
The bill provides a sales tax exemption for menstrual products and would result in a loss of General Fund revenue of $589,000 in fiscal year 2019-20 and $817,000 in fiscal year 2020-21.  It would also result in a loss of Other Special Revenue Funds revenue of $31,000 in fiscal year 2019-20 and $43,000 in fiscal year 2020-21.