124th MAINE LEGISLATURE
LD 1190 LR 550(02)
An Act To Amend the Motor Vehicle Laws
Fiscal Note for Bill as Amended by Committee Amendment "   "
Committee: Transportation
Fiscal Note Required: Yes
             
Fiscal Note
2009-10 2010-11 Projections 2011-12 Projections 2012-13
Net Cost (Savings)
Highway Fund ($164,262) ($165,000) ($165,000) ($165,000)
Appropriations/Allocations
Highway Fund $738 $0 $0 $0
Revenue
Highway Fund $165,000 $165,000 $165,000 $165,000
Fiscal Detail and Notes
The Secretary of State will require a one-time Highway Fund allocation of $738 in fiscal year 2009-10 for programming changes to extend title requirements to motor vehicles with a model year of 1995 or after.  This change will increase Highway Fund revenues by $165,000 beginning in fiscal year 2009-10.  Additional changes made in this legislation will increase or decrease Highway Fund revenue by minor amounts not requiring any change to the budget.