| 124th MAINE LEGISLATURE | ||||||
| LD 831 | LR 1503(01) | |||||
| An Act To Enhance Fund-raising Opportunities by Certain Nonprofit and Fraternal Organizations | ||||||
| Preliminary Fiscal Impact Statement for Original Bill | ||||||
| Sponsor: Rep. Fitts of Pittsfield | ||||||
| Committee: Legal and Veterans Affairs | ||||||
| Fiscal Note Required: Yes | ||||||
| Preliminary Fiscal Impact Statement | ||||||
| 2009-10 | 2010-11 | Projections 2011-12 | Projections 2012-13 | |||
| Revenue | ||||||
| Other Special Revenue Funds | ($128,700) | ($171,600) | ($171,600) | ($171,600) | ||
| Fiscal Detail and Notes | ||||||
| Allowing certain organizations to hold games of chance without a license will result in a reduction in Other Special Revenue Funds revenue of $128,700 in fiscal year 2009-10 and $171,600 beginning in fiscal year 2010-11. This reduction assumes that many organizations will not meet the threshold of needing a license, resulting in a 20% decrease in games of chance revenues. | ||||||