123rd MAINE LEGISLATURE
		LD 2169		LR 2982(01)
	An Act To Amend the Laws Pertaining To Storm Water Management and To Authorize a General Fund Bond Issue for Drinking Water Management
	Fiscal Note for Original Bill
	Sponsor: Sen. Bartlett of Cumberland
	Committee: Natural Resources
	Fiscal Note Required: Yes
Fiscal Note
Potential current biennium cost increase - General Fund Minor revenue decrease - Other Special Revenue Funds
Bond Issues		Term (years)	Principal	Rate (%)	Interest	Total Cost
	General Fund - Taxable	10	$1,700,000	5.5%	$514,250	$2,214,250
Referendum Costs		Month/Year	Election Type	Question	Length
		Nov-08	General	Referendum	Standard
	The Secretary of State's budget includes sufficient funds to accommodate one ballot of average length for the general election in November.  If the number or size of the referendum questions increases the ballot length, an additional appropriation of $8,000 or more may be required.
Fiscal Detail and Notes
	This bill authorizes a bond issue in the amount of $1,700,000 to support drinking water programs and the construction of wastewater treatment facilities.  The bill also creates an exemption from the Storm Water Management Laws for disturbed areas associated with utility substations and meeting certain requirements.  This exemption will result in a minor revenue reduction to the Storm Water Compensation Fund within the Department of Environmental Protection.  Two similar projects have been processed in the past 5 years , one with a $1,500 fee and one with a fee of $250.