131st MAINE LEGISLATURE
LD 1142 LR 385(01)
An Act to Eliminate Motor Vehicle Registration Fees for Volunteer Firefighters and Volunteer Emergency Medical Services Providers
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Sen. Stewart of Aroostook
Committee: Transportation
Fiscal Note Required: Yes
             
Preliminary Fiscal Impact Statement
FY 2023-24 FY 2024-25 Projections  FY 2025-26 Projections  FY 2026-27
Net Cost (Savings)
Highway Fund $76,432 $88,063 $88,060 $88,060
Appropriations/Allocations
Highway Fund $10,387 $0 $0 $0
Revenue
Highway Fund ($66,045) ($88,063) ($88,060) ($88,060)
Fiscal Detail and Notes
The bill exempts the payment of vehicle registration fees for volunteer firefighters and emergency medical services providers.  The Department of Secretary of State will need a one-time Highway Fund allocation of $10,387 for computer programming updates.  Highway Fund revenue will be reduced by $66,045 in fiscal year 2023-24 and $88,063 in fiscal year 2024-25 for the loss of registration fee revenue.