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128th MAINE LEGISLATURE |
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LD 1149 |
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LR 862(02) |
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An Act To Provide
Revenue To Fix and Rebuild Maine's Infrastructure |
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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 2017-18 |
FY 2018-19 |
Projections FY 2019-20 |
Projections FY 2020-21 |
Net Cost
(Savings) |
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General Fund |
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$0 |
$20,448,470 |
$27,395,217 |
$29,346,006 |
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Highway Fund |
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$0 |
($24,040,441) |
($38,034,904) |
($46,206,162) |
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Appropriations/Allocations |
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General Fund |
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$0 |
$124,558 |
$110,362 |
$116,362 |
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Highway Fund |
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$0 |
$54,790 |
$0 |
$0 |
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Revenue |
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General Fund |
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$0 |
($20,323,912) |
($27,284,855) |
($29,229,644) |
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Highway Fund |
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$0 |
$24,095,231 |
$38,034,904 |
$46,206,162 |
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Other Special Revenue Funds |
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$0 |
$261,230 |
$580,393 |
$1,247,566 |
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Fiscal Detail
and Notes |
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This legislation
increases several motor vehicle fees, transfers 10% of the sales tax on
transportation-related items from the General Fund to the Highway Fund and
increases the gasoline tax from 29.5¢ per gallon to 32.5¢ effective January
1, 2019 and to 35.5¢ effective January 1, 2020. These provisions would increase Highway
Fund revenue by $24,095,231 in fiscal year 2018-19 and reduce General Fund
revenue by $20,323,912 in fiscal year 2018-19. The increases to the gasoline tax will also
increase Other Special Revenue Funds to the Departments of Agriculture,
Conservation and Forestry, Inland Fisheries and Wildlife, Marine Resources
and the Maine Municipal Bond Bank by $261,230 in fiscal year 2018-19. |
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The bill includes
a General Fund appropriation to the Department of Administrative and
Financial Services of $124,558 in fiscal year 2018-19 for one Tax Examiner
position and related programming costs to review and process sales tax
returns with transportation-related items.
It also includes a one-time Highway Fund allocation to the Department
of Secretary of State of $54,790 for programming costs. |
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