|
|
|
|
|
|
|
|
132nd MAINE LEGISLATURE |
|
|
LD 173 |
|
LR 502(02) |
|
|
|
An Act to Exempt
Certain Watercraft from Registration Requirements |
|
Fiscal Note for
Bill as Amended by Committee Amendment " " |
|
Committee: Inland Fisheries and Wildlife |
|
Fiscal Note Required: Yes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fiscal Note |
|
|
|
|
|
|
|
|
|
|
FY 2025-26 |
FY 2026-27 |
Projections FY 2027-28 |
Projections FY 2028-29 |
Net Cost
(Savings) |
|
|
|
|
|
|
General Fund |
|
$82,822 |
$82,822 |
$91,104 |
$99,386 |
|
|
|
|
|
|
|
Appropriations/Allocations |
|
|
|
|
|
|
Other Special Revenue Funds |
|
($238,257) |
($238,257) |
($262,083) |
($285,908) |
|
|
|
|
|
|
|
Revenue |
|
|
|
|
|
|
General Fund |
|
($82,822) |
($82,822) |
($91,104) |
($99,386) |
|
Other Special Revenue Funds |
|
($238,257) |
($238,257) |
($262,083) |
($285,908) |
|
|
|
|
|
|
|
Fiscal Detail
and Notes |
|
|
|
|
|
|
The fee changes
proposed in this bill are expected to reduce General Fund revenue to the
Department of Inland Fisheries and Wildlife (IFW) and the Department of
Marine Resources (DMR), as well as reduce Other Special Revenue Funds (OSR)
revenue to both IFW and the Department of Environmental Protection (DEP).
Detailed impacts are outlined below: |
|
Registration
Revenue |
Lake and River Sticker
Revenue |
|
IFW |
General Fund |
$ (62,117) |
IFW |
OSR |
$ (71,477) |
|
DMR |
General Fund |
$ (20,705) |
DEP |
OSR |
$ (166,780) |
|
|
|
$ (82,822) |
|
|
$ (238,257) |
|
The estimated
revenue reductions are based on current registration data and assume that
approximately 11,913 inland and 2,269 tidal registrations that are currently
registered as 10 hp or below would qualify under the 5 hp or below category
created in the bill. Statutorily required fee increases in fiscal year
2028-29 and distribution formulas for the Lake and River Protection Sticker
program remain unchanged. The bill includes accompanying Other Special
Revenue Fund deallocations to reflect the reduction in anticipated revenues. |
|
|
|
|
|
|
|