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128th MAINE LEGISLATURE |
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LD 1523 |
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LR 2205(01) |
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An Act To Exempt
Motor Vehicles Less than 12 Years Old from Inspection |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Rep. Cebra of Naples |
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Committee: Transportation |
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Fiscal Note Required: Yes |
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| Preliminary
Fiscal Impact Statement |
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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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Highway Fund |
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$1,575,000 |
$2,100,000 |
$2,100,000 |
$2,100,000 |
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| Revenue |
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Highway Fund |
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($1,575,000) |
($2,100,000) |
($2,100,000) |
($2,100,000) |
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| Correctional
and Judicial Impact Statements |
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Decreases Class E
crimes.
A reduction in fines will decrease General Fund revenue by minor amounts. |
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| Fiscal Detail
and Notes |
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This bill exempts
a motor vehicle less than 12 years old from inspection and would result in a
reduction in Highway Fund revenue of $1,575,000 in fiscal year 2017-18 and
$2,100,000 beginning in fiscal year 2018-19.
This analysis assumes that 60% of all vehicles inspected are less than
12 years old. |
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