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131st MAINE LEGISLATURE |
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LD 2240 |
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LR 3011(01) |
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An Act to
Implement Protections Against Deed Fraud |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Sen. Ingwersen of York |
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Committee: Judiciary |
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Fiscal Note Required: Yes |
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| Preliminary
Fiscal Impact Statement |
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Current biennium cost increase - General Fund
Minor revenue increase - General Fund
Minor revenue increase – Other Special Revenue Funds |
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| Correctional
and Judicial Impact Statements |
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Creates a new
class B crime for recording a fraudulent instrument with the register of
deeds. It is unclear how many additional individuals will be convicted of a
Class B crime who otherwise would not have been. The current average cost of
incarcerating one individual for a single year is $55,203. No funding has
been included in the bill at this time.
This bill may increase the number of civil suits filed in the court system.
The additional workload associated with the minimal number of new cases does
not require additional funding at this time.
The collection of additional fines and filing fees will increase General
Fund or other dedicated revenue by minor amounts. |
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