| 121st Maine Legislature | |||||||
| Office of Fiscal and Program Review | |||||||
| LD 520 | |||||||
| An Act To Improve Motor Vehicle Safety | |||||||
| LR0909(01) | |||||||
| Fiscal Note for Original Bill | |||||||
| Sponsor: Rep. Norbert of Portland | |||||||
| Committee: Transportation | |||||||
| Fiscal Note Required: Yes | |||||||
| Fiscal Note | |||||||
| Current biennium cost increase - Highway Fund | |||||||
| Current biennium revenue increase - Highway Fund | |||||||
| Projections | Projections | ||||||
| 2003-04 | 2004-05 | 2005-06 | 2006-07 | ||||
| Net Cost (Savings): | |||||||
| Highway Fund | $40,804 | $98,507 | ($223,657) | ($378,683) | |||
| Appropriations/Allocations | |||||||
| Highway Fund | $40,804 | $258,813 | $263,989 | $269,269 | |||
| Revenue | |||||||
| Highway Fund | $0 | $160,306 | $487,646 | $647,952 | |||
| Fiscal Detail and Notes | |||||||
| Changing the driver's license renewal requirements for certain drivers will require additional Highway Fund allocations to the Bureau of Motor Vehicles within the Department of the Secretary of State. The amounts are $40,804 and $258,813 in fiscal years 2003-04 and 2004-05, respectively. In addition, these same changes in driver's license renewal requirements will increase Highway Fund revenue collected by the bureau; the estimated amounts are $160,306, $487,646 and $647,952 in fiscal years 2004-05, 2005-06 and 2006-07, respectively. | |||||||