| 121st Maine Legislature | |||||||
| Office of Fiscal and Program Review | |||||||
| LD 276 | |||||||
| An Act to Allow the Sale of Lobster and Crab Fishing Licenses | |||||||
| LR 0730(02) | |||||||
| Fiscal Note for Bill as Amended by Committee Amendment " " | |||||||
| Committee: Marine Resources | |||||||
| Fiscal Note Required: Yes | |||||||
| Minority Report | |||||||
| Fiscal Note | |||||||
| Projections | Projections | ||||||
| 2003-04 | 2004-05 | 2005-06 | 2006-07 | ||||
| Revenue | |||||||
| Other Special Revenue Funds | $0 | $1,181,250 | $1,181,250 | $1,181,250 | |||
| Fiscal Detail and Notes | |||||||
| Beginning in fiscal year 2004-05, allowing the sale of commercial lobster and crab fishing licenses will yield an estimated $1,125,000 in additional annual Other Special Revenue Funds revenue for the Lobster Fund within the Department of Marine Resources. It is also estimated that the sale of these licenses will also generate additional annual surcharge revenues of $56,250 for the Lobster Promotion Council beginning in fiscal year 2004-05. | |||||||