131st MAINE LEGISLATURE
LD 962 LR 1943(03)
An Act Regarding the Transfer of Seized Currency to the Federal Government for Criminal Asset Forfeiture
Fiscal Note for Bill as Engrossed with:
C "A" (H-84)
Committee: Judiciary
             
Fiscal Note
Potential current biennium revenue increase - Other Special Revenue Funds
Potential current biennium revenue increase - Municipalities and Counties
Fiscal Detail and Notes
Removing the requirement that seized currency exceed $100,000 before it can be transferred by state prosecutors to a federal agency and replacing it with a requirement that seized currency can be transferred to a federal agency in conjunction with a federal criminal case could result in increased revenues to state, county and municipal law enforcement agencies by providing a mechanism for assets to be forfeited in a federal criminal case and distributed back to these entities.