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131st MAINE LEGISLATURE |
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LD 1142 |
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LR 385(01) |
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An Act to
Eliminate Motor Vehicle Registration Fees for Volunteer Firefighters and
Volunteer Emergency Medical Services Providers |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Sen. Stewart of Aroostook |
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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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$76,432 |
$88,063 |
$88,060 |
$88,060 |
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Appropriations/Allocations |
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Highway Fund |
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$10,387 |
$0 |
$0 |
$0 |
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Revenue |
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Highway Fund |
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($66,045) |
($88,063) |
($88,060) |
($88,060) |
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Fiscal Detail
and Notes |
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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. |
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