124th MAINE LEGISLATURE
LD 145 LR 575(01)
An Act To Require the Secretary of State To Notify Vehicle Owners of Impending Registration Expiration
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Rep. Richardson of Warren
Committee: Transportation
Fiscal Note Required: Yes
             
Preliminary Fiscal Impact Statement
2009-10 2010-11 Projections 2011-12 Projections 2012-13
Net Cost (Savings)
Highway Fund ($297,574) ($280,992) ($259,422) ($237,204)
Appropriations/Allocations
Highway Fund $702,426 $719,008 $740,578 $762,796
Revenue
Highway Fund $1,000,000 $1,000,000 $1,000,000 $1,000,000
Fiscal Detail and Notes
The Department of Secretary of State will require a Highway Fund allocation of $702,426 in fiscal year 2009-10 for supplies and postage to send notifications of annual registration expiration to owners of registered vehicles.  This bill also increases the annual registration fee by $1, resulting in additional Highway Fund revenue of $1,000,000 beginning in fiscal year 2009-10.