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121st Maine Legislature |
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Office of Fiscal and Program Review |
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LD 290 |
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An
Act To Ensure That Title Applications are Timely Delivered |
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LR 1113(02) |
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Fiscal Note for Bill as Amended by Committee
Amendment " " |
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Committee: Transportation |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Projections |
Projections |
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2003-04 |
2004-05 |
2005-06 |
2006-07 |
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Net Cost
(Savings) |
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Highway Fund |
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($34,013) |
($45,350) |
($45,350) |
($45,350) |
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Revenue |
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Highway Fund |
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$34,013 |
$45,350 |
$45,350 |
$45,350 |
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Fiscal Detail
and Notes |
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Changing
the penalty for the late filing of motor vehicle title applications will
increase Highway Fund revenues collected by the Bureau of Motor Vehicles
within the Department of the Secretary of State. The estimated revenue
increases are $34,013 and $45,350 in fiscal years 2003-04 and 2004-05,
respectfully. |
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