LD 77 LR 92(02)
An Act To Authorize the Department of Marine Resources To Charge an Application Fee for Entering a Lottery for a Scallop License
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Marine Resources
Fiscal Note Required: Yes
Fiscal Note
FY 2021-22 FY 2022-23 Projections  FY 2023-24 Projections  FY 2024-25
Other Special Revenue Funds $50,000 $50,000 $50,000 $50,000
Other Special Revenue Funds $50,000 $50,000 $50,000 $50,000
Fiscal Detail and Notes
This bill allows the Department of Marine Resources to charge an application fee of up to $50 to enter a lottery for a scallop license. The fee is expected to increase Other Special Revenue Funds revenue to the Scallop Research Fund (SRF) by $50,000 annually beginning in fiscal year 2021-22. This estimate assumes that approximately half of the 2,000 entries that the department has historically received will continue to apply after the enactment of the new application fee. The bill includes an ongoing Other Special Revenue Funds allocation in the SRF of $50,000 starting in fiscal year 2021-22 to allow for the expenditure of the additional revenue.