128th MAINE LEGISLATURE
		LD 1765		LR 2635(02)
	An Act To Provide a Source of Revenue To Preserve the Integrity of Maine's Transportation Infrastructure
	Fiscal Note for Bill as Amended by Committee Amendment " "
	Committee: Taxation
	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		$0	$24,413,068	$32,751,545	$35,096,461
	Highway Fund		$0	($20,327,557)	($27,292,954)	($29,247,051)
Appropriations/Allocations
	General Fund		$0	$20,000	$0	$0
	Other Special Revenue Funds		$0	$4,065,511	$5,458,591	$5,849,410
Revenue
	General Fund		$0	($24,393,068)	($32,751,545)	($35,096,461)
	Highway Fund		$0	$20,327,557	$27,292,954	$29,247,051
	Other Special Revenue Funds		$0	$4,065,511	$5,458,591	$5,849,410
Fiscal Detail and Notes
	The bill directs that 10% of the sales tax on transportation related items be deposited in the Highway Fund and would result in a reduction in General Fund revenue of $20,327,557 in fiscal year 2018-19 and a corresponding increase in Highway Fund revenue.  The bill also directs that 2% of the sales tax on these items be deposited in the Multimodal Transportation Fund within the Department of Transportation and would result in a reduction in General Fund revenue of $4,065,511 in fiscal year 2018-19 and a corresponding increase in revenue to the Multimodal Transportation Fund.  The net reduction to the General Fund revenue frim both provisions is $24,393,068.
	The bill includes a one-time General Fund appropriation of $20,000 to the Department of Administrative and Financial Services in fiscal year 2018-19 for programming changes.  The bill also includes an Other Special Revenue Funds allocation of $4,065,511 to the Department of Transportation in fiscal year 2018-19  in order to spend this new revenue.