123rd MAINE LEGISLATURE
LD 852 LR 1410(02)
An Act To Raise Benefits for Farmers under the Milk Subsidy Program and To Prevent Price Gouging in the Sale of Milk
Fiscal Note for Bill as Amended by Committee Amendment "     "
Committee: Agriculture, Conservation and Forestry
Fiscal Note Required: Yes
             
Fiscal Note
2007-08 2008-09 Projections 2009-10 Projections 2010-11
Net Cost (Savings)
General Fund ($2,507,900) ($2,049,525) ($2,049,525) ($2,049,525)
Transfers
General Fund $2,507,900 $2,049,525 $2,049,525 $2,049,525
Other Special Revenue Funds ($2,507,900) ($2,049,525) ($2,049,525) ($2,049,525)
Fiscal Detail and Notes
Changes in the target prices for the Milk Subsidy Program will decrease the amount of General Fund revenue which is transferred to the Maine Milk Pool. The estimated decreases are $2,507,900 and $2,049,525 in fiscal years 2007-08 and 2008-09, respectively.