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121st Maine Legislature |
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Office of Fiscal and Program Review |
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LD 362 |
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An
Act To Rescind the Vehicle Registration of a Person Who Pays for That
Registration with a Bad Check |
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LR 0528(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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Minority Report |
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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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$39,089 |
$42,372 |
$44,323
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$46,364
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Appropriations/Allocations |
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Highway Fund |
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$41,100 |
$45,053 |
$47,170
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$49,388
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Revenue |
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Highway Fund |
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$2,011 |
$2,681 |
$2,847
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$3,024
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Fiscal Detail
and Notes |
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As
amended, the bill includes Highway Fund allocations of $41,100 and $45,053 in
fiscal years 2003-04 and 2004-05, respectively, for one Clerk IV position and
related expenses for the Bureau of Motor Vehicles within the Department of
the Secretary of State to suspend vehicle registrations of those people who
paid the vehicle excise tax with a bad check. The bureau will also collect increased revenues for the Highway
Fund from reinstatement fees; the estimated amounts will be $2,011 and $2,681
in fiscal years 2003-04 and 2004-05, respectively. |
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