129th MAINE LEGISLATURE
		LD 1238		LR 810(02)
	An Act To Exempt Certain Print Publications from Sales Tax
	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		$1,134,147	$1,542,440	$1,573,289	$1,604,754
Revenue
	General Fund		($1,134,147)	($1,542,440)	($1,573,289)	($1,604,754)
	Other Special Revenue Funds		($59,692)	($81,181)	($82,805)	($84,461)
Fiscal Detail and Notes
	The bill expands the sales tax exemption for free publications to include printed publications issued at least once every 7 days and would result in a reduction in General Fund revenue of $1,134,147 in fiscal year 2019-20 and $1,542,440 in fiscal year 2020-21.  It would also result in a reduction in Local Government Fund revenue of $59,692 in fiscal year 2019-20 and $81,181 in fiscal year 2020-21.