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130th MAINE LEGISLATURE |
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LD 1917 |
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LR 2203(02) |
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An Act To Amend
the Tax Laws of the State |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Taxation |
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Fiscal Note Required: Yes |
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| Fiscal Note |
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FY 2021-22 |
FY 2022-23 |
Projections FY 2023-24 |
Projections FY 2024-25 |
| Net Cost
(Savings) |
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General Fund |
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$0 |
($45,000) |
$0 |
$0 |
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| Revenue |
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General Fund |
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$0 |
$45,000 |
$0 |
$0 |
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Other Special Revenue Funds |
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$0 |
($45,000) |
$0 |
$0 |
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| Fiscal Detail
and Notes |
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This bill changes
the transfer from the General Fund to the ATV Recreational Management Fund
from monthly to semiannually. It
corrects an inconsistency with existing statutes created in PL 2021, c. 446. It results in a one-time increase in
General Fund revenue of $45,000 in fiscal year 2022-23 and a one-time
decrease in Other Special Revenue Funds revenue of $45,000. |
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Other provisions
of the bill increase General Fund revenue by minor amounts not requiring any
change to the budget. Additional costs
to the Department of Administrative and Financial Services associated with
the bill can be absorbed within existing budgeted resources. Any reduction in
revenue for municipalities is expected to be minor. |
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