127th MAINE LEGISLATURE
LD 693 LR 488(01)
An Act To Amend the Military Bureau Laws
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Sen. Cyrway of Kennebec
Committee: Veterans and Legal Affairs
Fiscal Note Required: Yes
             
Preliminary Fiscal Impact Statement
Potential current biennium revenue increase - Other Special Revenue Funds
Potential current biennium cost increase - Other Special Revenue Funds
Fiscal Detail and Notes
This legislation allows the Department of Defense, Veterans and Emergency Management to receive seized money and assets for counter-drug activities and could result in increased revenue to the department. The department will require an Other Special Revenue Funds account be established to allow the deposit and expenditure of any monies received. Any assets or proceeds received must be used to support counter-drug activities. The amount received in any given year will depend on the frequency and nature of the cases that arise and cannot be predicted at this time.