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124th MAINE LEGISLATURE |
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LD 42 |
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LR 187(02) |
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An Act To
Increase the Time Period for Motor Vehicle Inspections to 2 Years |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Transportation |
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Fiscal Note Required: Yes |
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Fiscal Note |
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2009-10 |
2010-11 |
Projections 2011-12 |
Projections 2012-13 |
Net Cost
(Savings) |
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General Fund |
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$93,652 |
$124,870 |
$124,870 |
$124,870 |
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Highway Fund |
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$0 |
$112,500 |
$112,500 |
$112,500 |
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Revenue |
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General Fund |
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($93,652) |
($124,870) |
($124,870) |
($124,870) |
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Highway Fund |
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$0 |
($112,500) |
($112,500) |
($112,500) |
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Other Special Revenue Funds |
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($14,078) |
($18,770) |
($18,770) |
($18,770) |
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Fiscal Detail
and Notes |
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The
Judicial Branch will experience a decrease in General Fund fine revenue due
to a decrease in traffic violations.
The General Fund loss is estimated to be $93,652 in fiscal year
2009-10 and $124,870 in fiscal year 2010-11.
The corresponding decrease in Other Special Revenue Funds revenue from
fine surcharges is estimated to be $14,078 in fiscal year 2009-10 and $18,770
in fiscal year 2010-11. |
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This
bill changes the annual inspection requirement for new motor vehicles which
have had an inspection, and will decrease Highway Fund revenues to the
Department of Public Safety for motor vehicle inspection stickers by $112,500
beginning in fiscal year 2010-11.
These vehicles are not required to have another inspection until two
years from the last day of the month in which they were initially
registered. It is assumed that all
vehicles inspected in fiscal year 2008-09 would need to be inspected in
fiscal year 2009-10 since these vehicles would have one-year stickers. Based upon this assumption, there will be
no fiscal impact in fiscal year 2009-10.
The impact in fiscal year 2010-11 assumes new motor vehicles inspected
in 2010 would not need to be inspected.
The loss of revenue for fiscal year 2011-12 assumes new motor vehicles
inspected in 2010 would not need to be inspected. |
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