126th MAINE LEGISLATURE
		LD 915		LR 1200(02)
	An Act To Expand the Sales Tax Exemption for Certain Public Libraries To Include Sales by Those Libraries or Their Supporting Organizations
	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		$23,602	$32,885	$34,364	$35,911
Revenue
	General Fund		($23,602)	($32,885)	($34,364)	($35,911)
	Other Special Revenue Funds		($1,242)	($1,731)	($1,809)	($1,890)
Fiscal Detail and Notes
	Expanding the current sales tax exemption to nonprofit free public lending libraries that receive public funding to include sales by those libraries or by nonprofit corporations organized to support such libraries where the profit from the sales benefits the libraries reduces General Fund revenue in FY 2013-14 by $23,602 and in FY 2014-15 by $32,885.  Municipal Revenue Sharing is reduced by $1,242 in FY 2013-14 and by $1,731 in FY 2014-15.