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121st Maine Legislature |
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Office of Fiscal and Program Review |
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LD 1467 |
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An Act
to Repeal the Provision of Law Requiring Permits for 53-foot Trailers |
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LR 1940(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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($4,364) |
($5,818) |
($5,818) |
($5,818) |
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Revenue |
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Highway Fund |
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$4,364 |
$5,818 |
$5,818 |
$5,818 |
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Fiscal Detail
and Notes |
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Repealing
the permit requirement for 53-foot trailers will decrease Highway Fund
revenue collected by the Secretary of State by $705,135 and $940,180 in
fiscal years 2003-04 and 2004-05, respectively. Increasing various truck and trailer related fees will increase
Highway Fund revenue collected by the Secretary of State by $709,499 and
$945,998 in fiscal years 2003-04 and 2004-05, respectively. This bill will also result in an
undetermined loss of Highway Fund fine revenue due to the anticipated
reduction in unregistered trailer violations. |
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