132nd MAINE LEGISLATURE
LD 1708 LR 2440(01)
An Act to Create the Commercial Fishing Safety Fund to Further Develop Training and Provide Equipment to Recover Ships and Other Watercraft and Persons in Distress or Lost at Sea
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Rep. Strout of Harrington
Committee: Marine Resources
Fiscal Note Required: Yes
             
Preliminary Fiscal Impact Statement
FY 2025-26 FY 2026-27 Projections  FY 2027-28 Projections  FY 2028-29
Appropriations/Allocations
Other Special Revenue Funds $500 $500 $500 $500
Fiscal Detail and Notes
This bill establishes the Commercial Fishing Safety Fund within the Department of Marine Resources and authorizes the department to accept donations and other contributions. An ongoing Other Special Revenue Funds allocation of $500 beginning in fiscal year 2025-26 is required to create the account within the state’s accounting system and enable the department to receive and expend funds.