131st MAINE LEGISLATURE
LD 488 LR 506(01)
An Act to Amend the Laws Governing Supplemental Guide Signs on Highways for Colleges and Universities
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Rep. Williams of Bar Harbor
Committee: Transportation
Fiscal Note Required: Yes
             
Preliminary Fiscal Impact Statement
Potential current biennium cost increase - Highway Fund
Fiscal Detail and Notes
This bill changes the qualifying criteria for supplemental guide signs for colleges and universities, extending eligibility to entities within 100 miles from an exit instead of 15 and with an enrollment of 200 students instead of 300. The Department of Transportation has estimated the cost to produce and erect one sign to be $25,000. The additional cost for signs placed on each side of the interstate will be $50,000 for each college or university that becomes eligible.