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123rd MAINE LEGISLATURE |
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LD 2075 |
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LR 3227(05) |
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An Act To Amend
Motor Vehicle Laws |
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Fiscal Note for
House Amendment " " to
Committee Amendment "A" |
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Sponsor: Rep. Jackson of Allagash |
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Fiscal Note Required: Yes |
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Fiscal Note |
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2007-08 |
2008-09 |
Projections 2009-10 |
Projections 2010-11 |
Net Cost
(Savings) |
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Highway Fund |
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$0 |
$75,000 |
$72,500 |
$62,500 |
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Appropriations/Allocations |
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Other Special Revenue Funds |
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$0 |
($123,014) |
($126,014) |
($126,514) |
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Revenue |
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Highway Fund |
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$0 |
($75,000) |
($72,500) |
($62,500) |
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Other Special Revenue Funds |
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$0 |
$75,000 |
$72,500 |
$62,500 |
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Fiscal Detail
and Notes |
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This amendment
eliminates the deposit of $1 of each specialty license plate initial
contribution, and $1 of each annual renewal into the Specialty License Plate
Fund and will result in a decrease in allocation of Other Special Revenue
Funds of $123,014 in fiscal year 2008-09 to the Secretary of State, Bureau of
Motor Vehicles. It will also result in
an allocation to the various Other Special Revenue Funds accounts to which
the specialty license plates are deposited in the same amount. This amendment also eliminates the deposit
of $10 of each initial Sportsman license plate fee, and $5 of each Sportsman
annual renewal fee, to the Highway Fund and will decrease Highway Fund revenues
in fiscal year 2008-09 by $75,000 and increase the various Other Special
Revenue Funds accounts to which the specialty license plate fees are
deposited by the same amount.
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