127th MAINE LEGISLATURE
LD 1424 LR 2037(02)
Resolve, Authorizing Certain Land Transactions by the Department of Agriculture, Conservation and Forestry, Bureau of Parks and Lands
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Agriculture, Conservation and Forestry
Fiscal Note Required: Yes
             
Fiscal Note
Potential current biennium revenue increase - Other Special Revenue Funds
Potential current biennium cost increase - Other Special Revenue Funds
Fiscal Detail and Notes
The bill authorizes the Department of Agriculture, Conservation and Forestry (ACF), in 6 different transactions, to convey certain pieces of land to different entities. These transactions involve ACF receiving either the lands' market value, the lands' equivalent value or land meeting a certain criteria. ACF would receive Other Special Revenue Funds revenue totaling approximately $25,000 and would incur Other Special Revenue Funds expenditures of approximately $5,000 from the 2 transactions requiring ACF to receive fair market value for the lands conveyed if these transactions are made.