128th MAINE LEGISLATURE
		LD 1650		LR 2395(04)
	An Act To Amend the Marijuana Legalization Act
	Fiscal Note for House Amendment " " to Original Bill
	Sponsor: Rep. Fredette of Newport
	Fiscal Note Required: Yes
Fiscal Note
			FY 2017-18	FY 2018-19	Projections  FY 2019-20	Projections  FY 2020-21
Net Cost (Savings)
	General Fund		($767,383)	($2,983,680)	($2,490,284)	($1,321,324)
	Highway Fund		$0	($23,962)	($24,656)	($25,369)
Appropriations/Allocations
	General Fund		($767,383)	($3,142,940)	($3,469,439)	($3,572,614)
	Highway Fund		$0	($23,962)	($24,656)	($25,369)
	Other Special Revenue Funds		($200,000)	($1,672,559)	($3,314,102)	($4,630,309)
Revenue
	General Fund		$0	($159,260)	($979,155)	($2,251,290)
	Other Special Revenue Funds		($200,000)	($1,629,315)	($3,222,420)	($4,524,785)
Transfers
	Other Special Revenue Funds		$0	$0	$0	$0
Fiscal Detail and Notes
	This amendment further delays, until July 1, 2018, the effective date of those provisions of the Marijuana Legalization Act that were delayed until February 1, 2018 by Public Law 2017, chapter 1. After this amendment, and assuming sales will then not begin until January 1, 2019, the bill will reduce General Fund revenue from the tax on marijuana sales by $2,254,000 in fiscal year 2017-18 and by $8,526,000 in fiscal year 2018-19. Local Government Fund revenue will be reduced by $46,000 in fiscal year 2017-18 and by $174,000 in fiscal year 2018-19.
	As this amendment strikes all of the bill in addition to imposing a delay, all appropriations and allocations and the transfer are removed from the bill and are shown above as being reversed. To date no additional funding for expenditures related to the implementation of the Marijuana Legalization Act (MLA)  has been provided. This amendment will delay the need for that funding and additional legislation will still be required to fund the establishment of a regulated marketplace in the State for the adult use of marijuana under the Marijuana Legalization Act.