121st Maine Legislature
Office of Fiscal and Program Review
LD 441
An Act To Encourage the Development and Use of Domestically Produced Renewable Motor Vehicle Fuels     
LR 1173(01)
Fiscal Note for Original Bill
Sponsor: Sen. Kneeland of Aroostook
Committee: Transportation
Fiscal Note Required: Yes
   
             
Fiscal Note
Projections Projections
2002-03 2003-04 2004-05 2005-06 2006-07
Net Cost (Savings):
Highway Fund $4,309 $5,665 $5,835 $6,010
Revenue
Highway Fund ($4,309) ($5,665) ($5,835) ($6,010)
Fiscal Detail and Notes
This bill exempts certain renewable fuels from the motor vehicle fuel exise tax and is expected to reduce Highway Fund revenue by $4,309 in fiscal year 2003-04 and $5,665 in fiscal year 2004-05.