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125th MAINE LEGISLATURE |
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LD 1367 |
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LR 887(02) |
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An Act To Restore
Maine's Secondary Roads |
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Fiscal Note for
Bill as Amended by Committee Amendment "A" |
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Committee: Transportation |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Future biennium revenue decrease - Highway Fund |
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FY 2011-12 |
FY 2012-13 |
Projections FY 2013-14 |
Projections FY 2014-15 |
Appropriations/Allocations |
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Other Special Revenue Funds |
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$0 |
$0 |
$500 |
$500 |
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Fiscal Detail and
Notes |
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This legislation,
which is effective July 1, 2013, establishes the Secondary Road Program Fund
within the Department of Transportation.
The bill includes a base allocation to the Department of
Transportation of $500 beginning in fiscal year 2013-14 to allow the
department to spend any funds received. |
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The Fund may
receive revenue derived from the use of department land and assets and
designated statutory corridors for energy infrastructure development. The transfer of any potential uncommitted
balance in the Highway Fund unallocated surplus account at the end of each
fiscal year will reduce resources available to the Highway Fund. |
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