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131st MAINE LEGISLATURE |
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LD 1806 |
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LR 266(01) |
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An Act to Require
Online Used Car Dealers to Be Licensed |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Sen. Lawrence of York |
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Committee: Innovation, Development, Economic
Advancement and Business |
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Fiscal Note Required: No |
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| Preliminary
Fiscal Impact Statement |
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Minor cost increase - Highway Fund
Minor revenue increase - Highway Fund |
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| Fiscal Detail
and Notes |
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Additional costs
to the Department of Secretary of State associated with processing and
issuing licenses for online used car dealers is expected to be minor and can
be absorbed within existing budgeted resources. The additional dealer
licensing fees are also expected to be minor. No change to the budget is
required. |
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