126th MAINE LEGISLATURE
LD 1370 LR 2003(05)
An Act To Exempt from Sales Tax the Sales of Adaptive Equipment To Make a Vehicle Handicapped Accessible
Fiscal Note for Bill as Engrossed with:
C "A" (H-192)
S "A" (S-361) to C "A" (H-192)
Committee: Taxation
             
Fiscal Note
FY 2013-14 FY 2014-15 Projections  FY 2015-16 Projections  FY 2016-17
Net Cost (Savings)
General Fund $0 $59,337 $61,889 $64,550
Revenue
General Fund $0 ($59,337) ($61,889) ($64,550)
Other Special Revenue Funds $0 ($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 by a person that receives a purchase request from a disabled person for installation in or on a motor vehicle effective July 1, 2014 will reduce General Fund revenue by $59,337 in FY 2014-15 and Muncipal Revenue Sharing by $3,123.