127th MAINE LEGISLATURE
LD 260 LR 698(01)
Resolve, To Create a License Plate To Recognize the Centennial of the United States Navy Reserve
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Sen. Collins of York
Committee: Transportation
Fiscal Note Required: Yes
             
Preliminary Fiscal Impact Statement
FY 2015-16 FY 2016-17 Projections  FY 2017-18 Projections  FY 2018-19
Net Cost (Savings)
Highway Fund ($5,000) $0 $0 $0
Appropriations/Allocations
Highway Fund $4,000 $0 $0 $0
Revenue
Highway Fund $9,000 $0 $0 $0
Other Special Revenue Funds $18,000 $0 $0 $0
Fiscal Detail and Notes
The bill includes a Highway Fund allocation of $4,000 to the Department of Secretary of State in fiscal year 2015-16 for materials to manufacture 1,800 special commemorative license plates celebrating the United States Navy Reserve centennial.  The bill is emergency legislation, so if the intent is to manufacture and sell the plates when the legislation is enacted, it should be amended to move the allocation to fiscal year 2014-15.
Sales of these plates will increase Highway Fund revenue by $9,000 in fiscal year 2015-16 and Other Special Revenue Funds revenue to the Department of Defense, Veterans and Emergency Management by $18,000 in fiscal year 2015-16.