122nd MAINE LEGISLATURE
LD 1586 LR 2277(01)
An Act To Encourage the Use of Solar Energy
Fiscal Note for Original Bill
Sponsor: Rep. Brautigam of Falmouth
Committee: Utilities and Energy
Fiscal Note Required: Yes
   
             
Fiscal Note
Projections Projections
2005-06 2006-07 2007-08 2008-09
Net Cost (Savings)
General Fund $208,412 $194,735 $233,436 $280,123
Appropriations/Allocations
General Fund $30,000 $0 $0 $0
Revenue
General Fund ($178,412) ($194,735) ($233,436) ($280,123)
Other Special Revenue Funds ($9,588) ($10,465) ($12,804) ($15,365)
Fiscal Detail and Notes
The income tax credit and sales tax reimbursement contained in this bill are expected to reduce General Fund revenue by $178,412 in fiscal year 2005-06 and $194,735 in fiscal year 2006-07.  Maine Revenue Services will also require a General Fund appropriation of $30,000 for the related computer programming costs.  The additional costs associated with administering solar energy programs can be absorbed by the Public Utilities Commission uitilizing existing budgeted resources.