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127th MAINE LEGISLATURE |
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LD 1273 |
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LR 747(02) |
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Resolve, To
Create a License Plate To Recognize the Bicentennial of the State |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Transportation |
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Fiscal Note Required: Yes |
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| Fiscal Note |
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FY 2015-16 |
FY 2016-17 |
Projections FY 2017-18 |
Projections FY 2018-19 |
| Appropriations/Allocations |
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Other Special Revenue Funds |
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$0 |
$0 |
$16,711 |
$14,400 |
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| Revenue |
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Other Special Revenue Funds |
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$0 |
$0 |
$22,500 |
$22,500 |
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| Fiscal Detail
and Notes |
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This bill
requires the Secretary of State to produce and issue a simulated registration
plate commemorating the bicentennial of the State for a fee of $25. $16 will
go to the Maine State Cultural Affairs Council and $9 will go to the
Secretary of State. This fiscal note assumes a total of 1,800 plates will be
produced, with 900 issued in fiscal year 2017-18 and 900 issued in fiscal
year 2018-19. |
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The Maine State
Cultural Affairs Council will require an Other Special Revenue Funds
allocation of $14,400 in each of fiscal years 2017-18 and 2018-19 to allow
expenditure of the revenue expected to be received through the sale of these
plates. |
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The Secretary of
State will require an Other Special Revenue Funds allocation of $2,311 in
fiscal year 2017-18 in order to produce and issue the commemorative
plates. Other Special Revenue Funds
revenue to the department is expected to increase by $8,100 in fiscal years
2017-18 and 2018-19 from the sale of these plates. |
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