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127th MAINE LEGISLATURE |
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LD 1483 |
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LR 2332(02) |
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An Act To Amend
Maine's Motor Vehicle Laws |
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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 |
Net Cost
(Savings) |
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General Fund |
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$38,428 |
$230,568 |
$230,568 |
$230,568 |
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Highway Fund |
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($25,733) |
($190,868) |
($189,729) |
($189,556) |
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Appropriations/Allocations |
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Highway Fund |
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$12,695 |
$39,700 |
$40,839 |
$41,012 |
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Revenue |
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General Fund |
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($38,428) |
($230,568) |
($230,568) |
($230,568) |
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Highway Fund |
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$38,428 |
$230,568 |
$230,568 |
$230,568 |
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Fiscal Detail
and Notes |
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The bill includes
a Highway Fund allocation of $12,695 in fiscal year 2015-16 and $39,700 in
fiscal year 2016-17 to the Department of Secretary of State for position
reorganizations. The bill also
proposes to change the crediting of excise tax from nonresidents from the
General Fund to the Highway Fund and would increase Highway Fund revenue by
$38,428 in fiscal year 2015-16 and $230,568 in fiscal year 2016-17 with a
corresponding decrease in General Fund revenue. |
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