125th MAINE LEGISLATURE | ||||||
LD 262 | LR 965(03) | |||||
An Act To Expand Eligibility of Certain Municipal Landfills To Participate in the State's Remediation and Closure Program | ||||||
Fiscal Note for
Bill as Engrossed with: C "A" (H-30) |
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Committee: Environment and Natural Resources | ||||||
Fiscal Note | ||||||
Current biennium cost increase - General Fund | ||||||
Fiscal Detail and Notes | ||||||
This bill requires the State to pay 75% of the costs of closing municipal landfills that meet certain criteria. It is assumed that there are five licensed municipal landfills likely to be eligible to receive such funding. Estimates by the Department of Environmental Protection (DEP) put these costs at $3,277,500 with $1,065,000 in fiscal year 2012-13 and $2,212,500 in fiscal year 2013-14. According to the DEP, the State currently owes approximately $2,600,000 for landfill remediation expenses already incurred. Typically, state participation in costs of this nature have been paid from bond proceeds. Since no bond proceeds are available at this time, subsequent legislation will be required to create a bond issue or provide a General Fund appropriation to fund these costs. |