|
|
|
|
|
|
|
|
126th MAINE LEGISLATURE |
|
|
LD 1370 |
|
LR 2003(01) |
|
|
|
An Act To Exempt
from Sales Tax the Sales of Adaptive Equipment To Make a Vehicle Handicapped
Accessible |
|
Preliminary
Fiscal Impact Statement for Original Bill |
|
Sponsor: Rep. Saucier of Presque Isle |
|
Committee: Taxation |
|
Fiscal Note Required: Yes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Preliminary
Fiscal Impact Statement |
|
|
|
|
|
|
|
|
|
|
FY 2013-14 |
FY 2014-15 |
Projections FY 2015-16 |
Projections FY 2016-17 |
Net Cost
(Savings) |
|
|
|
|
|
|
General Fund |
|
$42,750 |
$59,337 |
$61,889 |
$64,550 |
|
|
|
|
|
|
|
Revenue |
|
|
|
|
|
|
General Fund |
|
($42,750) |
($59,337) |
($61,889) |
($64,550) |
|
Other Special Revenue Funds |
|
($2,250) |
($3,123) |
($3,257) |
($3,397) |
|
|
|
|
|
|
|
Fiscal Detail
and Notes |
|
|
|
|
|
|
Exempting from
the sales tax the purchase of adaptive equipment by a person with a
disability or a family member of a person with a disability for installation
in or on a motor vehicle will reduce General Fund revenue by $42,750 in FY
2013-14 and by $59,337 in FY 2014-15 and Muncipal Revenue Sharing by $2,250
in FY 2013-14 and by $3,123 in FY 2014-15. |
|
|
|
|
|
|
|