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131st MAINE LEGISLATURE |
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LD 369 |
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LR 502(01) |
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An Act to Allow
Repurposed Military Vehicles to Be Registered and Operated on Maine Roads |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Sen. Libby of Cumberland |
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Committee: Transportation |
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Fiscal Note Required: Yes |
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Preliminary
Fiscal Impact Statement |
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FY 2023-24 |
FY 2024-25 |
Projections FY 2025-26 |
Projections FY 2026-27 |
Net Cost
(Savings) |
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Highway Fund |
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$5,674 |
($2,500) |
($2,500) |
($2,500) |
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Appropriations/Allocations |
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Highway Fund |
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$8,174 |
$0 |
$0 |
$0 |
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Revenue |
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Highway Fund |
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$2,500 |
$2,500 |
$2,500 |
$2,500 |
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Fiscal Detail
and Notes |
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This bill allows
repurposed military vehicles to be registered and operated on Maine roads.
The Department of Secretary of State will require a one-time Highway Fund
allocation of $8,174 in fiscal year 2024-25 for additional license plates,
programming and related costs. Registration fees will increase Highway Fund
revenue by $2,500 beginning in fiscal year 2024-25. |
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