124th MAINE LEGISLATURE
		LD		LR 2522(01)
	An Act To Implement the Recommendations of the Task Force on the Sustainability of the Dairy Industry
	Fiscal Note for Original Bill
	Committee: Agriculture, Conservation and Forestry
	Fiscal Note Required: Yes
Fiscal Note
			2009-10	2010-11	Projections 2011-12	Projections 2012-13
Net Cost (Savings)
	General Fund		$0	$4,011,691	$0	$0
Appropriations/Allocations
	Other Special Revenue Funds		$0	$4,011,691	$0	$0
Revenue
	General Fund		$0	($4,011,691)	$0	$0
	Other Special Revenue Funds		$0	$4,011,691	$0	$0
Fiscal Detail and Notes
	This legislation increases the cap on distributions made through the Dairy Stabilization Program and the Maine Milk Income Loss Contract in fiscal year 2010-11 to $17,361,291.  This increase would result in a reduction in General Fund revenue in fiscal year 2010-11 of $4,011,691 and a corresponding increase in Other Special Revenue Funds revenue.  The bill also includes an Other Special Revenue Funds allocation in fiscal year 2010-11 of $4,011,691 to the Department of Agriculture, Food and Rural Resources, Milk Commission.
	The legislation also directs the Maine Milk Commission to revise the tiers of production and target prices and report back to the Joint Standing Committee on Agriculture, Conservation and Forestry by January 15, 2011.  It is expected that these revisions will result in revised estimates of distributions for fiscal year 2011-12 and beyond.