129th MAINE LEGISLATURE
		LD 1608		LR 2243(02)
	An Act To Exempt Trailers Sold to Out-of-state Entities from Sales and Use 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		$117,049	$175,750	$181,022	$186,454
Revenue
	General Fund		($117,049)	($175,750)	($181,022)	($186,454)
	Other Special Revenue Funds		($6,161)	($9,250)	($9,528)	($9,813)
Fiscal Detail and Notes
	The bill provides a sales tax exemption for the purchase of trailers purchased by nonresidents and then driven or transported outside of the state and would result in a General Fund reduction in revenue of $117,049 in fiscal year 2019-20 and $175,750 in fiscal year 2020-21.  It would also result in a reduction in Local Government Fund revenue of $6,161 in fiscal year 2019-20 and $9,250 in fiscal year 2020-21.