123rd MAINE LEGISLATURE
LD 2228 LR 3453(06)
Resolve, To Provide a Rebate of Diesel Fuel Taxes Paid by Maine's Forest Products Industry
Fiscal Note for House Amendment "     " to Committee Amendment "A"
Sponsor: Rep. Piotti of Unity
Fiscal Note Required: Yes
             
Fiscal Note
2007-08 2008-09 Projections 2009-10 Projections 2010-11
Net Cost (Savings)
General Fund $0 $7,262,500 $0 $0
Highway Fund ($4,357,500) ($2,905,000) $0 $0
Revenue
Highway Fund $4,357,500 ($4,357,500) $0 $0
Transfers
General Fund $0 ($7,262,500) $0 $0
Highway Fund $0 $7,262,500 $0 $0
Fiscal Detail and Notes
Requiring a transfer from the General Fund to the Highway Fund will increase the General Fund cost of the bill by $7,262,500 in fiscal year 2008-09.  This amendment also increases Highway Fund revenue by $4,357,500 in fiscal year 2007-08 and decreases Highway Fund revenue by $4,357,500 in fiscal year 2008-09.