132nd MAINE LEGISLATURE
LD 1709 LR 1828(01)
An Act Regarding Antique Automobiles
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Rep. Greenwood of Wales
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 $63,364 $0 $0 $0
Appropriations/Allocations
Highway Fund $63,364 $0 $0 $0
Correctional and Judicial Impact Statements
The additional workload associated with the minimal number of new cases filed in the court system does not require additional funding at this time. The collection of additional fines will increase General Fund or other dedicated revenue by minor amounts.
Fiscal Detail and Notes
The bill lowers the age for antique vehicles from 35 to 25 years.  The Department of the Secretary of State will require a one-time Highway Fund allocation of $63,364 in fiscal year 2025-26  for technology costs.