132nd MAINE LEGISLATURE
LD 925 LR 2180(01)
Resolve, To Create a License Plate To Recognize the Semiquincentennial of the United States of America
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Rep. Carlow of Buxton
Committee: Transportation
Fiscal Note Required: Yes
             
Preliminary Fiscal Impact Statement
FY 2025-26 FY 2026-27 Projections  FY 2027-28 Projections  FY 2028-29
Net Cost (Savings)
Highway Fund ($14,112) ($7,056) $0 $0
Appropriations/Allocations
Other Special Revenue Funds $131,624 $65,812 $0 $0
Revenue
Highway Fund $14,112 $7,056 $0 $0
Other Special Revenue Funds $25,088 $12,544 $0 $0
Fiscal Detail and Notes
The Department of Secretary of State will require one-time Other Special Revenue Funds allocations of $131,624 in fiscal year 2025-26 and $65,812 in fiscal year 2026-27 for computer programming and license plate production costs to create the semiquincentennial commemorative plate.
Highway Fund revenue will increase on a one-time basis by $14,112 in fiscal year 2025-26 and $7,056 in fiscal year 2026-27 and Other Special Revenue Funds revenue will also increase on a one-time basis by $25,088 in fiscal year 2025-26 and $12,544 in fiscal year 2026-27 for the sale of semiquincentennial commemorative license plates.