|
|
|
|
|
|
|
|
130th MAINE LEGISLATURE |
|
|
LD 1995 |
|
LR 2634(13) |
|
|
|
An Act To Make
Supplemental Appropriations and Allocations for the Expenditures of State
Government, General Fund and Other Funds and To Change Certain Provisions of
the Law Necessary to the Proper Operations of State Government for the Fiscal
Years Ending June 30, 2022 and June 30, 2023 |
|
Fiscal Note for
House Amendment " " to Committee Amendment "A" |
|
Sponsor: Rep. Libby of Auburn |
|
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 |
|
$10,211,800 |
($5,976,823) |
($53,554,813) |
($54,285,879) |
|
Highway Fund |
|
$0 |
$0 |
$0 |
$0 |
|
|
|
|
|
|
|
Appropriations/Allocations |
|
|
|
|
|
|
General Fund |
|
($238,200) |
($5,445,392) |
($4,822,584) |
($4,885,879) |
|
Federal Expenditures Fund |
|
$0 |
($27,865) |
($28,757) |
($29,677) |
|
Other Special Revenue Funds |
|
$0 |
($87,000,000) |
$0 |
$0 |
|
|
|
|
|
|
|
Revenue |
|
|
|
|
|
|
General Fund |
|
$0 |
$55,731,431 |
$48,732,229 |
$49,400,000 |
|
Highway Fund |
|
($37,450,000) |
($115,200,000) |
$0 |
$0 |
|
Other Special Revenue Funds |
|
$0 |
$2,933,233 |
$2,564,854 |
$2,600,000 |
|
|
|
|
|
|
|
Transfers |
|
|
|
|
|
|
General Fund |
|
($10,450,000) |
($55,200,000) |
$0 |
$0 |
|
Highway Fund |
|
$37,450,000 |
$115,200,000 |
$0 |
$0 |
|
Other Special Revenue Funds |
|
($27,000,000) |
($60,000,000) |
$0 |
$0 |
|
|
|
|
|
|
|
Fiscal Detail
and Notes |
|
|
|
|
|
|
This amendment
provides for an 8-month suspension of the excise tax on gasoline and diesel
motor vehicle fuel, reducing Highway Fund revenue by $37,450,000 in fiscal
year 2021-22 and $115,200,000 in fiscal year 2022-23. The amendment includes
a transfer of funds from the unappropriated surplus of the General Fund to
the unallocated surplus of the Highway Fund to offset this reduction in
Highway Fund revenue and makes numerous adjustments to appropriations and
other provisions in the bill to offset the impact on the General Fund of the
transfer to the Highway Fund. A balanced budget is maintained. |
|
|
|
|
|
|
|