121st Maine Legislature
		Office of Fiscal and Program Review
		LD 362
		An Act To Rescind the Vehicle Registration of a Person Who Pays for That Registration with a Bad Check
		LR 0528(01)
		Fiscal Note for Original Bill
		Sponsor: Rep. Hutton
		Committee: Transportation
		Fiscal Note Required: Yes
Fiscal Note
					Projections	Projections
			2003-04	2004-05	2005-06	2006-07
Net Cost (Savings):
	Highway Fund		$39,089	$47,372	$49,558	$51,845
Appropriations/Allocations
	Highway Fund		$41,100	$50,053	$52,405	$54,869
Revenue
	Highway Fund		$2,011	$2,681	$2,847	$3,024
Fiscal Detail and Notes
	Requiring that the Bureau of Motor Vehicles within the Department of the Secretary of State rescind vehicle registrations of those people who paid the vehicle excise tax with a bad check will increase Highway Fund costs of the bureau by $41,100 and by $50,053 in fiscal years 2003-04 and 2004-05, respectively.  The bureau will also collect increased revenues for the Highway Fund from reinstatement fees; the estimated amounts will be $2,011 and $2,681 in fiscal years 2003-04 and 2004-05, respectively.