128th MAINE LEGISLATURE
LD 159 LR 1074(02)
An Act To Prohibit the Mining of Massive Sulfide Ore Deposits on State 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 decrease - Other Special Revenue Funds
Potential future biennium savings - Other Special Revenue Funds
Fiscal Detail and Notes
Prohibiting the Department of Agriculture, Conservation, and Forestry(ACF) from granting mining leases for the mining of massive sulfide ore deposits on state lands would eliminate any potential Other Special Revenue Funds (OSRF) revenue to the ACF from application fees and lease royalties. Any costs to the ACF from the lease review process would be eliminated as well. The bill would also effectively prohibit the Department of Environmental Protection (DEP) from issuing permits for metallic mineral mining under the Maine Metallic Mineral Mining Act, eliminating any potential permit fee revenue from accruing to the Metallic Mining Fund within the DEP and eliminating any costs related to DEP's permitting process.