123rd MAINE LEGISLATURE
LD 2119 LR 3340(02)
An Act To Amend Certain Laws Related to Environmental Protection
Fiscal Note for Bill as Amended by Committee Amendment "     "
Committee: Natural Resources
Fiscal Note Required: Yes
             
Fiscal Note
2007-08 2008-09 Projections 2009-10 Projections 2010-11
Revenue
Other Special Revenue Funds $0 $162,500 ($87,500) ($87,500)
Fiscal Detail and Notes
This legislation changes the annual $35 oil tank registration fee to a $100 triennial fee.  Revenue is currently budgeted at $87,500 each year.  Assuming 2500 registered tanks, this change will increase dedicated revenues to the Ground Water Oil Clean Up Fund by $162,500 in fiscal year 2008-09, and reduce revenues by $87,500 in fiscal year 2009-10 and fiscal year 2010-11.
Additional costs associated with the report requirement can be absorbed by the Department of Environmental Protection utilizing existing budgeted resources.