| 124th MAINE LEGISLATURE | ||||||
| LD 276 | LR 525(01) | |||||
| An Act To Protect the Integrity of the State's Carbon Dioxide Budget Trading Program and Auction Process and To Provide Allocations to the Energy and Carbon Savings Trust Fund | ||||||
| Preliminary Fiscal Impact Statement for Original Bill | ||||||
| Sponsor: Sen. Bartlett II of Cumberland | ||||||
| Committee: Utilities and Energy | ||||||
| Fiscal Note Required: Yes | ||||||
| Preliminary Fiscal Impact Statement | ||||||
| 2008-09 | 2009-10 | 2010-11 | Projections 2011-12 | Projections 2012-13 | ||
| Appropriations/Allocations | ||||||
| Other Special Revenue Funds | $30,000,000 | $30,000,000 | $30,000,000 | $30,000,000 | $30,000,000 | |
| Fiscal Detail and Notes | ||||||
| This bill provides an annual allocation of $30,000,000 to the Energy and Carbon Savings Trust Fund beginning in fiscal year 2008-09. The State's allocation of carbon dioxide allowances will be auctioned through the Regional Greenhouse Gas Initiative to generate the revenue to fund the Energy and Carbon Savings Trust Fund. | ||||||