LD 106 LR 89(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 2021-22 FY 2022-23 Projections  FY 2023-24 Projections  FY 2024-25
Other Special Revenue Funds $20,000 $40,000 $40,000 $40,000
Other Special Revenue Funds $20,000 $40,000 $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, 2022. 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 2021-22 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.  Provisions in this bill that allow the DMR to establish fees for modifications of leases and product safety testing will increase revenues to the Shellfish Fund. An estimate of these revenues is not made at this time but is not anticipated to be significant.