SP0475
LD 1361
First Regular Session - 123rd Legislature - Text: MS-Word, RTF or PDF LR 1393
Item 8
Bill Tracking Chamber Status

Amend the amendment in section 2 in §1560-D by inserting after subsection 9 the following:

10 Transfers of funds.   Notwithstanding any other provision of law, for fiscal years beginning on or after July 1, 2009 the State Controller shall transfer $92,660 no later than June 30, 2010 and $145,147 no later than June 30, 2011 from the Fund for a Healthy Maine to General Fund undedicated revenue.

For fiscal years beginning on or after July 1, 2011 the State Controller in consultation with the State Tax Assessor shall determine the General Fund revenue loss resulting from this section and transfer that amount at least annually from the Fund for a Healthy Maine to General Fund undedicated revenue.

summary

This amendment provides for the transfer of funds from the Fund for a Healthy Maine to the General Fund to offset the revenue loss to the General Fund from the prohibition on the sale of certain flavored cigarettes and cigars.


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