|
|
|
|
|
|
|
|
126th MAINE LEGISLATURE |
|
|
LD 720 |
|
LR 1277(02) |
|
|
|
An Act To
Eliminate Sales Tax Exemptions for Snowmobiles and All-terrain Vehicles
Purchased by Nonresidents for Use in the State |
|
Fiscal Note for
Bill as Amended by Committee Amendment " " |
|
Committee: Taxation |
|
Fiscal Note Required: Yes |
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Fiscal Note |
|
|
|
|
|
|
|
|
|
|
FY 2013-14 |
FY 2014-15 |
Projections FY 2015-16 |
Projections FY 2016-17 |
| Net Cost
(Savings) |
|
|
|
|
|
|
General Fund |
|
($56,786) |
($78,375) |
($81,320) |
($84,455) |
|
|
|
|
|
|
|
| Revenue |
|
|
|
|
|
|
General Fund |
|
$56,786 |
$78,375 |
$81,320 |
$84,455 |
|
Other Special Revenue Funds |
|
$2,989 |
$4,125 |
$4,280 |
$4,445 |
|
|
|
|
|
|
|
| Fiscal Detail
and Notes |
|
|
|
|
|
|
Narrowing the
sales tax exemption on all-terrain vehicles and snowmobiles purchased in the
State by nonresidents to purchases that are immediately removed from the
State will increase General Fund revenue and Municipal Revenue Sharing. |
|
|
|
|
|
|
|