4/23/08-Gov. John Baldacci has signed a bill into law to provide for a sales tax exemption for repair parts and maintenance supplies used for motor vehicles and trailers primarily engaged in the transport of harvested forest products.
The new law, previously LD2225, requires eligible purchases be made between April 1, 2008, and Sept. 30, 2008. A fiscal note on the bill reports the tax exemption would result in a loss of about $292,000 during the next two fiscal years.
The governor is authorized to transfer funds by financial order from the emergency portion of the State Contingent Account to the unappropriated surplus of the General Fund.

4/16/08-A bill awaiting consideration on the Senate floor would provide for a sales tax exemption for repair parts and maintenance supplies used for motor vehicles and trailers primarily engaged in the transport of harvested forest products. The House previously approved it.
Sponsored by Sen. Elizabeth Schneider, D-Orono, LD2225 would require eligible purchases be made between April 1, 2008, and Sept. 30, 2008.
A fiscal note on the bill reports the tax exemption would result in a loss of about $292,000 during the next two fiscal years.
The governor would be authorized to transfer funds by financial order from the emergency portion of the State Contingent Account to the unappropriated surplus of the General Fund.
For bill status, call (207) 287-1692. In Maine, call 1-800-423-6900.

3/10/08-A bill in the Legislature’s Taxation Committee would provide for a sales tax exemption for repair parts and maintenance supplies used for motor vehicles and trailers primarily engaged in the transport of harvested forest products.
Sponsored by Sen. Elizabeth Schneider, D-Orono, LD2225 would require eligible purchases be made between April 1, 2008, and Oct. 1, 2008.
The bill also would authorize the governor to transfer funds by financial order from the emergency portion of the State Contingent Account to the unappropriated surplus of the General Fund.
For bill status, call (207) 287-1692. In Maine, call 1-800-423-6900.