125th MAINE LEGISLATURE
LD 1905 LR 2865(15)
An Act To Revise the Target Prices for the Dairy Stabilization Program
Fiscal Note for Senate Amendment "   "
Sponsor: Sen. Rosen of Hancock
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 $0 ($3,312,198) ($2,161,384) ($2,161,384)
Appropriations/Allocations
Other Special Revenue Funds $0 ($3,312,198) ($2,161,384) ($2,161,384)
Revenue
General Fund $0 $3,312,198 $2,161,384 $2,161,384
Other Special Revenue Funds $0 ($3,312,198) ($2,161,384) ($2,161,384)
Fiscal Detail and Notes
This amendment revises the fiscal note to incorporate the April 2012 revenue forecast.  The incremental impact compared to the engrossed bill is an increase in General Fund revenue of $3,312,198 in fiscal year 2012-13 and a corresponding decrease in Other Special Revenue Funds revenue to the Department of Agriculture, Food and Rural Resources.  It also decreases the Other Special Revenue Funds allocation by $3,312,198 in fiscal year 2012-13.
As amended, the bill results in a loss of General Fund revenue of $1,501,547 in fiscal year 2012-13.