124th MAINE LEGISLATURE
LD 1827 LR 2653(01)
An Act To Amend the Waste Motor Oil Disposal Site Remediation Program
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Rep. Martin of Eagle Lake
Committee: Natural Resources
Fiscal Note Required: Yes
             
Preliminary Fiscal Impact Statement
Potential current biennium revenue increase - General Fund
2009-10 2010-11 Projections 2011-12 Projections 2012-13
Appropriations/Allocations
Other Special Revenue Funds $0 $375,000 $500,000 $500,000
Revenue
Other Special Revenue Funds $0 $375,000 $500,000 $500,000
Fiscal Detail and Notes
Increasing the premium on prepackaged motor oil from 35 cents per gallon to $1.10 per gallon is expected to result in increased revenue in the amount of $375,000 during fiscal year 2010-11 and $500,000 annually in subsequent fiscal years.  This bill will require an Other Special Revenue Funds allocation of $375,000 in fiscal year 2010-11 to the Waste Motor Oil Revenue Fund within the Finance Authority of Maine (FAME) to reflect the additional revenue.
This legislation provides that costs incurred by the Maine National Guard at the Plymouth waste motor oil disposal site be reimbursed by the Waste Motor Oil Revenue Fund.  To date, the Maine National Guard has not been activated for this purpose and no costs have been incurred.  If costs are incurred at a later date, the reimbursement from the Fund will increase General Fund revenue and decrease the amount of available funds within the Waste Motor Oil Revenue Fund administered by FAME.
Any costs to the Bureau of Revenue Services associated with provision of motor vehicle oil dealer details to the Department of Environmental Protection and the Finance Authority of Maine can be absorbed within existing budgeted resources.
Additional costs to the Finance Authority of Maine associated with implementing the requirements of this legislation can be absorbed within existing budgeted resources.