|
|
|
|
|
|
|
|
124th MAINE LEGISLATURE |
|
|
LD 1248 |
|
LR 1175(01) |
|
|
|
An Act
Authorizing a Scratch Ticket with Proceeds To Benefit Native American Boys
and Girls Clubs |
|
Preliminary
Fiscal Impact Statement for Original Bill |
|
Sponsor: Rep. Soctomah of Passamaquoddy Tribe |
|
Committee: Legal and Veterans Affairs |
|
Fiscal Note Required: Yes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Preliminary
Fiscal Impact Statement |
|
|
|
|
|
|
|
|
|
|
2009-10 |
2010-11 |
Projections 2011-12 |
Projections 2012-13 |
Net Cost
(Savings) |
|
|
|
|
|
|
General Fund |
|
$332,100 |
$797,040 |
$797,040 |
$797,040 |
|
|
|
|
|
|
|
Appropriations/Allocations |
|
|
|
|
|
|
Other Special Revenue Funds |
|
$337,500 |
$810,000 |
$810,000 |
$810,000 |
|
|
|
|
|
|
|
Revenue |
|
|
|
|
|
|
General Fund |
|
$5,400 |
$12,960 |
$12,960 |
$12,960 |
|
Other Special Revenue Funds |
|
($5,400) |
($12,960) |
($12,960) |
($12,960) |
|
|
|
|
|
|
|
Transfers |
|
|
|
|
|
|
General Fund |
|
($337,500) |
($810,000) |
($810,000) |
($810,000) |
|
Other Special Revenue Funds |
|
$337,500 |
$810,000 |
$810,000 |
$810,000 |
|
|
|
|
|
|
|
Fiscal Detail
and Notes |
|
|
|
|
|
|
It is assumed
that this new ticket would be a $1 ticket.
It is also assumed that 100% of sales related to this ticket would
come from people who are already playing the lottery and switch from another
ticket to this ticket. Based upon
previous experience with dedicated lottery tickets, it is estimated that the
amount transferred to the Native American Boys and Girls Club Fund would be
$337,500 in fiscal year 2009-10 and $810,000 beginning in fiscal year
2010-11. This transfer would consist
of $5,400 in fiscal year 2009-10 and $12,960 beginning in fiscal year 2010-11
from the Maine Outdoor Heritage Fund, an Other Special Revenue Fund, and
$332,100 in fiscal year 2009-10 and $797,040 beginning in fiscal year 2010-11
from the General Fund. The
distribution of revenue loss to Other Special Revenue Funds and General Fund
is based upon the ratio of total lottery sales. |
|
|
|
|
|
|
|