|
|
|
|
|
|
|
|
131st MAINE LEGISLATURE |
|
|
LD 713 |
|
LR 1934(01) |
|
|
|
RESOLUTION,
Proposing an Amendment to the Constitution of Maine to Dedicate a Portion of
Sales and Use Taxes from All Motor Vehicle Sales and Motor Vehicle-related
Sales to the Highway Fund for Road and Bridge Capital Improvements |
|
Preliminary Fiscal
Impact Statement for Original Bill |
|
Sponsor: Rep. Andrews of Paris |
|
Committee: Taxation |
|
Fiscal Note Required: Yes |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preliminary
Fiscal Impact Statement |
|
|
|
|
|
|
|
| Potential current biennium cost increase - General Fund |
|
|
|
|
|
|
|
| Referendum Costs |
|
Month/Year |
Election Type |
Question |
Length |
|
|
|
Nov-23 |
General |
Referendum |
Standard |
|
The Secretary of
State's budget includes sufficient funds to accommodate one ballot of average
length for the general election in November.
If the number or size of the referendum questions requires production
and delivery of a second ballot, an additional appropriation of $172,000 may
be required. |
|
|
|
|
|
|
|
| Fiscal Detail
and Notes |
|
|
|
|
|
|
If enacted and
ultimately approved by the voters, this bill would result in a loss of
General Fund revenue of approximately $200 million annually and a
corresponding increase in Highway Fund revenue. |
|
|
|
|
|
|
|