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124th MAINE LEGISLATURE |
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LD 1786 |
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LR 2578(09) |
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An Act Regarding
Energy Infrastructure Development |
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Fiscal Note for
Senate Amendment " " to
Committee Amendment "A" |
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Sponsor: Sen. Damon of Hancock |
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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 |
Appropriations/Allocations |
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Other Special Revenue Funds |
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$0 |
$0 |
$0 |
$0 |
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Fiscal Detail
and Notes |
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This
amendment increases the amount of revenue transferred from the Energy
Infrastructure Benefits Fund at the Efficiency Maine Trust to the Department
of Transportation (DOT) from 20% to 50% and designates that the 50% to DOT
only applies to revenues associated with the use of roads, highways, bridges
or other transportation infrastructure.
Depending upon the projects received, and which energy corridor the
project proposes to use, this change could result in either a decrease or
increase in Other Special Revenue Funds revenue to DOT as compared to the
committee amendment. |
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The
amendment also removes the Transportation Efficiency Fund from the bill,
therefore the Other Special Revenue Funds base allocation of $500 to that
Fund has been removed and a new $500 Other Special Revenue Funds base
allocation established to allow the DOT to spend any revenues received. The incremental effect to Other Special
Revenue Funds allocations to the DOT is $0. |
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Any Other Special
Revenue Fund losses or gains to Efficiency Maine Trust that may arise from
adjusting the percentage of revenue transferred to the DOT, and/or
adjustments to the scope of transfers related to particular energy corridors,
are not expected to significantly impact any Efficiency Maine Trust programs. |
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