121st Maine Legislature
Office of Fiscal and Program Review
LD 387
An Act To Exempt Biodiesel Fuel from the Special Fuel Tax      
LR 0497(01)
Fiscal Note for Original Bill
Sponsor: Rep. Eder
Committee: Transportation
Fiscal Note Required: Yes
   
             
Fiscal Note
Projections Projections
2003-04 2004-05 2005-06 2006-07
Net Cost (Savings):
Highway Fund $3,134 $4,120 $4,244 $4,371
Revenue
Highway Fund ($3,134) ($4,120) ($4,244) ($4,371)
Fiscal Detail and Notes
This bill exempts biodiesel fuel from the special fuel tax and is expected to reduce Highway Fund revenue by $3,134 in fiscal year 2003-04 and $4,120 in fiscal year 2004-05.