121st Maine Legislature
Office of Fiscal and Program Review
LD 449
An Act To Require All Fees, Fines and Penalties To Be Deposited into the General Fund     
LR 1092(01)
Fiscal Note for Original Bill
Sponsor: Rep. Joy of Crystal
Committee: Appropriations and Financial Affairs
Fiscal Note Required: Yes
   
             
Fiscal Note
Undetermined current biennium cost increase - General Fund
Fiscal Detail and Notes
This bill will result in an increase in revenue to the General Fund of approximately $560 million on an annual basis as a result of the proposed requirement that all fees, fines, forfeitures and penalties be deposited in the General Fund beginning October 1, 2003. The programs that depend on these dedicated revenues will require General Fund appropriations to continue operating.  Depending on the balances in the dedicated accounts and how long they last, there may be a period of time when funding is not available for these programs.