123rd MAINE LEGISLATURE
LD 828 LR 2116(02)
An Act To Change the Process for Applying for Reimbursement of Fuel Taxes
Fiscal Note for Bill as Amended by Committee Amendment "     "
Committee: Taxation
Fiscal Note Required: Yes
             
Fiscal Note
2007-08 2008-09 Projections 2009-10 Projections 2010-11
Net Cost (Savings)
General Fund $13 $18 $18 $19
Highway Fund $120,042 $163,606 $166,878 $170,216
Revenue
General Fund ($13) ($18) ($18) ($19)
Highway Fund ($120,042) ($163,606) ($166,878) ($170,216)
Other Special Revenue Funds ($227) ($317) ($323) ($330)
State Transit, Aviation and Rail Transportation Fund ($6,356) ($8,644) ($8,817) ($8,993)
Fiscal Detail and Notes
Eliminating the 1¢ per gallon reduction in fuel taxes reimbursed will reduce Highway Fund revenue by an estimated $120,042 in fiscal year 2007-08 and $163,606 in fiscal year 2008-09 and will also result in a minor reduction of General Fund revenue.