125th MAINE LEGISLATURE
LD 872 LR 347(02)
An Act To Clarify the Natural Resources Protection Act
Fiscal Note for Bill as Amended by Committee Amendment "   "
Committee: Environment and Natural Resources
Fiscal Note Required: Yes
             
Fiscal Note
FY 2011-12 FY 2012-13 Projections  FY 2013-14 Projections  FY 2014-15
Net Cost (Savings)
General Fund $2,000,000 $2,000,000 $2,000,000 $2,000,000
Appropriations/Allocations
General Fund $2,000,000 $2,000,000 $2,000,000 $2,000,000
Fiscal Detail and Notes
This bill includes General Fund appropriations of $2 million annually to the Department of Environmental Protection (DEP) beginning in fiscal year 2011-12 to compensate landowners who seek compensation from the state for the amount of any property value losses incurred as a result of more stringent setback regulations that apply to areas containing significant vernal pool habitat.  The fiscal note assumes 200 landowners would qualify for an average of $10,000 in compensation each year.