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124th MAINE LEGISLATURE |
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LD 145 |
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LR 575(01) |
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An Act To Require
the Secretary of State To Notify Vehicle Owners of Impending Registration
Expiration |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Rep. Richardson of Warren |
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Committee: Transportation |
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Fiscal Note Required: Yes |
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Preliminary
Fiscal Impact Statement |
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2009-10 |
2010-11 |
Projections 2011-12 |
Projections 2012-13 |
Net Cost
(Savings) |
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Highway Fund |
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($297,574) |
($280,992) |
($259,422) |
($237,204) |
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Appropriations/Allocations |
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Highway Fund |
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$702,426 |
$719,008 |
$740,578 |
$762,796 |
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Revenue |
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Highway Fund |
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$1,000,000 |
$1,000,000 |
$1,000,000 |
$1,000,000 |
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Fiscal Detail
and Notes |
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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. |
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