130th MAINE LEGISLATURE
LD 1468 LR 205(02)
An Act To Support All-terrain Vehicle Trail Improvement
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Taxation
Fiscal Note Required: Yes
             
Fiscal Note
FY 2021-22 FY 2022-23 Projections  FY 2023-24 Projections  FY 2024-25
Net Cost (Savings)
General Fund $3,600 $36,900 $0 $0
Appropriations/Allocations
Other Special Revenue Funds $3,600 $45,000 $45,000 $45,000
Revenue
General Fund ($3,600) ($36,900) $0 $0
Other Special Revenue Funds $3,600 $36,900 $0 $0
Fiscal Detail and Notes
This bill changes the distribution of revenue from the sales tax on the rental of all-terrain vehicles from 100% to the Multimodal Transportation Fund within the Department of Transportation to 10% to the Multimodal Transportation Fund and 90% to the ATV Recreational Management Fund within the Department of Agriculture, Conservation and Forestry (ACF).  The bill reduces General Fund revenue by $3,600 in fiscal year 2021-22 and $36,900 in fiscal year 2022-23.  It also reduces Other Special Revenue Funds revenue to the Multimodal Transportation Fund by $8,100 in fiscal year 2022-23.
The bill will increase Other Special Revenue Funds revenue to the ATV Recreational Management Fund within the ACF by $3,600 in fiscal year 2021-22 and $45,000 in fiscal year 2022-23.  The bill includes corresponding allocations to ACF to allow for expenditure of the additional revenue.