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121st Maine Legislature |
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Office of Fiscal and Program Review |
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LD 441 |
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An
Act To Encourage the Development and Use of Domestically Produced Renewable
Motor Vehicle Fuels |
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LR 1173(01) |
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Fiscal Note for Original Bill |
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Sponsor: Sen. Kneeland of Aroostook |
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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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2002-03 |
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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$4,309 |
$5,665 |
$5,835 |
$6,010 |
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Revenue |
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Highway Fund |
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($4,309) |
($5,665) |
($5,835) |
($6,010) |
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Fiscal Detail
and Notes |
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This
bill exempts certain renewable fuels from the motor vehicle fuel exise tax
and is expected to reduce Highway Fund revenue by $4,309 in fiscal year
2003-04 and $5,665 in fiscal year 2004-05. |
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