LD 1930 LR 3015(02)
An Act To Amend Maine's Aquaculture Leasing and Licensing Statutes
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Marine Resources
Fiscal Note Required: Yes
Fiscal Note
FY 2019-20 FY 2020-21 Projections  FY 2021-22 Projections  FY 2022-23
Other Special Revenue Funds $0 $20,000 $40,000 $40,000
Other Special Revenue Funds $0 $20,000 $40,000 $40,000
Fiscal Detail and Notes
This bill amends certain rules regarding aquaculture leasing and licenses. It also increases the fee for a resident limited-purpose aquaculture license from $50 to $100 and increases the fee for a nonresident limited-purpose aquaculture license from $300 to $400 starting January 1, 2021. This will increase Other Special Revenue Funds revenue to the Aquaculture Management Fund (AMF) in the Department of Marine Resources (DMR) by $20,000 in fiscal year 2020-21 and by $40,000 in subsequent years. The bill includes a corresponding ongoing allocation to the DMR to allow for expenditure of the additional revenue.