| 121st Maine Legislature | |||||||
| Office of Fiscal and Program Review | |||||||
| LD 449 | |||||||
| An Act To Require All Fees, Fines and Penalties To Be Deposited into the General Fund | |||||||
| LR 1092(01) | |||||||
| Fiscal Note for Original Bill | |||||||
| Sponsor: Rep. Joy of Crystal | |||||||
| Committee: Appropriations and Financial Affairs | |||||||
| Fiscal Note Required: Yes | |||||||
| Fiscal Note | |||||||
| Undetermined current biennium cost increase - General Fund | |||||||
| Fiscal Detail and Notes | |||||||
| This bill will result in an increase in revenue to the General Fund of approximately $560 million on an annual basis as a result of the proposed requirement that all fees, fines, forfeitures and penalties be deposited in the General Fund beginning October 1, 2003. The programs that depend on these dedicated revenues will require General Fund appropriations to continue operating. Depending on the balances in the dedicated accounts and how long they last, there may be a period of time when funding is not available for these programs. | |||||||