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124th MAINE LEGISLATURE |
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LD 1190 |
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LR 550(02) |
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An Act To Amend
the Motor Vehicle Laws |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Transportation |
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Fiscal Note Required: Yes |
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Fiscal Note |
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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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($164,262) |
($165,000) |
($165,000) |
($165,000) |
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Appropriations/Allocations |
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Highway Fund |
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$738 |
$0 |
$0 |
$0 |
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Revenue |
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Highway Fund |
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$165,000 |
$165,000 |
$165,000 |
$165,000 |
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Fiscal Detail
and Notes |
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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. |
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