An Act To Base the Excise Tax on Vehicles on a Percentage of the Manufacturer's Suggested Retail Price
Maine Legislature, Session 125, LD 0079
Committee Amendment CA_A_H111 (House)

COMMITTEE AMENDMENT ,,~ "to H.P. 67, L.D. 79, Bill, "An Act To Base the 
Excise Tax on Vehicles on a Percentage of the Manufacturer's Suggested Retail Price" 
Amend the bill in section 1 in paragraph C in the 2nd line from the end (page 1, line 
in L.D.)by striking out the following: "90%" and inserting the following: '95%' 
Amend the bill by inserting after section 2 the following: 
'Sec. 3. Appropriations and allocations. The following appropriations and 
allocations are made. 
SECRETARY OF STATE, DEPARTMENT OF 
Municipal Excise Tax Reimbursement Fund 0871 
Initiative: Deallocates funds by changing the method by which municipalities are 
reimbursed through the Municipal Excise Tax Reimbursement Fund. 
OTHER SPECIAL REVENUE FUNDS 
All Other 
OTHER SPECIAL REVENUE FUNDS TOTAL 
2011-12 
($47,402) 
($47,402) 
2012-13 
($63,203) 
($63,203) 
SUMMARY 
This amendment changes the percentage on which the excise tax is to be based from 
90% of the manufacturer's suggested retail price for the motor vehicle to 95% of the 
manufacturer's suggested retail price. The amendment also adds an appropriations and 
allocations section. 
FISCAL NOTE REQUIRED 
(See attached) 
Page I - 125LR0477(02)-1 
COMMITTEE AMENDMENT 
Approved: 04113111 frac 
LD 79 
LR 477(02) 
An Act To Base the Excise Tax on Vehicles on a Percentage of the Manufacturer's Suggested Retail 
Price 
Fiscal Note for Bill as Amended by Committee Amendment "n" 
Committee: Taxation 
Net Cost (Savings) 
General Fund 
Highway Fund 
Approp riationsl Allocations 
Other Special Revenue Funds 
Revenue 
General Fund 
Highway Fund 
Other Special Revenue Funds 
Fiscal Detail and Notes 
Fiscal Note Required: Yes 
Fiscal Note 
FY 2011-12 
$11,893 
($47,402) 
($47,402) 
($11,893) 
$47,402 
($59,922) 
FY 2012-13 
$15,857 
($63,203) 
($63,203) 
($15,857) 
$63,203 
($61,719) 
Projections 
FY 2013-14 
$15,857 
($63,203) 
($63,203) 
($15,857) 
$63,203 
($63,570) 
Projections 
FY 2014-15 
$15,857 
($63,203) 
($63,203) 
($15,857) 
$63,203 
($65,477) 
This bill proposes to reduce excise tax payments paid on motor vehicles to 95% of the manufacturer's suggested retail 
price. This will reduce motor vehicle excise tax revenues by 5% in the Unorganized Territory and decrease General 
Fund revenue from excise tax paid by out of state residents. It will also allow an Other Special Revenue Funds 
deallocation to the Secretary of State of $47,402 in fiscal year 2011-12 and $63,203 in fiscal year 2012-13 and 
beyond, since reimbursement to municipalities through the Municipal Excise Tax Reimbursement Fund will be 
decreased. Under current statute; the amount remaining in this Fund at the end of the year is transferred to the 
Highway Fund. Since payments deposited into the Municipal Excise Tax Reimbursement Fund through the 
International Registration Plan will not change under this legislation but the reimbursement to municip\alities will 
decrease, the amount transferred to the Highway Fund will increase Highway Fund revenues by $47,402 in fiscal year 
2011-12 and $63,203 in fiscal year 2012-13 and beyond. 
LR0477(02) - Fiscal Note - Page 1 of 1