123rd MAINE LEGISLATURE
LD 2249 LR 3531(02)
An Act To Protect Lake Water Quality
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 $83,000 $83,000 $83,000
Fiscal Detail and Notes
This legislation is expected to result in an increase in dedicated revenue to the Storm Water Compensation Fund administered by the Department of Environmental Protection of $83,000 annually beginning in fiscal year 2008-09.  The additional revenue will be derived from an increase in the compensation fee from $10,000 per pound to $25,000 per pound of available phosphorus.  The Storm Water Compensation Fund is a pass-through account where compensation fee revenue is deposited and disbursed for the sole purpose of implementing compensation projects as a condition of a permit.