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125th MAINE LEGISLATURE |
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LD 563 |
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LR 14(05) |
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RESOLUTION,
Proposing an Amendment to the Constitution of Maine To Use a Portion of the
Sales and Use Tax for the Protection of Maine's Fish and Wildlife |
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Fiscal Note for
Senate Amendment " " to
Committee Amendment "A" |
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Sponsor: Sen. Trahan of Lincoln |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Delay of contingent impact |
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Fiscal Detail
and Notes |
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Any impact of the
bill is contingent on approval by the voters at referendum. Delaying the effective date until fiscal
years beginning on or after July 1, 2013 will move any fiscal impacts out of
the 2012-2013 biennium. This will
restore the General Fund revenue losses of $6,259,211 in fiscal year 2011-12
and $11,787,749 in fiscal year 2012-13, as well as the Other Special Revenue
Funds revenue losses of $329,432 in fiscal year 2011-12 and $712,978 in
fiscal year 2012-13 that would have occurred as a result of the committee
amendment. The dedicated revenue that
would have accrued to the Department of Inland Fisheries and Wildlife and the
Department of Marine Resources in the 2012-2013 biennium as a result of the
committee amendment will now impact these agencies in fiscal years 2013-14
and 2014-15. |
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