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125th MAINE LEGISLATURE |
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LD 1324 |
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LR 472(01) |
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An Act To Create
Consistency and Fairness in Maine's Bottle Bill |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Rep. Prescott of Topsham |
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Committee: Environment and Natural Resources |
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Fiscal Note Required: Yes |
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Preliminary
Fiscal Impact Statement |
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FY 2011-12 |
FY 2012-13 |
Projections FY 2013-14 |
Projections FY 2014-15 |
Revenue |
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Other Special Revenue Funds |
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($44,516) |
($44,516) |
($44,516) |
$39,016 |
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Fiscal Detail
and Notes |
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This legislation
removes containers larger than 28 ounces from the bottle bill and establishes
a uniform deposit of 5¢ for all containers.
These provisions will result in an Other Special Revenue Funds loss of
revenue to the Department of Agriculture, Food and Rural Resources of $44,516
beginning in fiscal year 2011-12 for reduced registrations and renewals of
beverage container labels. |
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There will also
be a reduction in General Fund revenues related to reduced unclaimed
deposits. An estimate of this
reduction has not been made at this time. |
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