121st Maine Legislature
Office of Fiscal and Program Review
LD 448
An Act To Exempt a Watercraft That Is Equipped with an Electric Outboard Motor from Paying a Fee for the Certificate of Number    
LR 0233(01)
Fiscal Note for Original Bill
Sponsor: Rep. Clark of Millinocket
Committee: Inland Fisheries and Wildlife
Fiscal Note Required: Yes
   
             
Fiscal Note
Current biennium revenue decrease - General Fund
Current biennium revenue decrease - Other Special Revenue
Projections Projections
2003-04 2004-05 2005-06 2006-07
Net Cost (Savings):
General Fund $8,000 $15,450 $15,450 $15,450
Revenue
General Fund ($8,000) ($15,450) ($15,450) ($15,450)
Other Special Revenue ($1,688) ($2,250) ($2,250) ($2,250)
Fiscal Detail and Notes
Exempting the owners of certain watercraft from certain fee requirements will decrease General Fund revenues collected by the Department of Inland Fisheries and Wildlife; the estimated amounts are $8,000 in fiscal year 2003-04 and $15,450 for fiscal year 2004-05 and each year thereafter.  In addition, these same fee exemptions will decrease Other Special Revenue funds revenues collected by the Department of Marine Resources; the estimated amounts are $1,688 in fiscal year 2003-04 and $2,250 for fiscal year 2004-05 and each year thereafter.