| 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. | |||||||