| 123rd MAINE LEGISLATURE | ||||||
| LD 972 | LR 614(01) | |||||
| An Act To Delay the Fiscal Sustainability of the Highway Fund | ||||||
| Fiscal Note for Original Bill | ||||||
| Sponsor: Rep. Marley of Portland | ||||||
| Committee: Transportation | ||||||
| Fiscal Note Required: Yes | ||||||
| Fiscal Note | ||||||
| 2007-08 | 2008-09 | Projections 2009-10 | Projections 2010-11 | |||
| Net Cost (Savings) | ||||||
| General Fund | $0 | $5,604 | $5,618 | $5,618 | ||
| Highway Fund | $0 | $4,996,221 | $5,155,971 | $4,995,971 | ||
| Revenue | ||||||
| General Fund | $0 | ($5,604) | ($5,618) | ($5,618) | ||
| Highway Fund | $0 | ($4,996,221) | ($5,155,971) | ($4,995,971) | ||
| Other Special Revenue Funds | $0 | ($98,175) | ($98,411) | ($98,411) | ||
| Fiscal Detail and Notes | ||||||
| Suspending the annual indexing of motor fuels for one year will result in a loss of Highway Fund revenue estimated to be $4,996,221 in fiscal year 2008-09 and a General Fund revenue loss estimated to be $5,604 in fiscal year 2008-09. | ||||||