121st Maine Legislature
Office of Fiscal and Program Review
LD 703
An Act To Change the Options for a Lobster Management Zone and To Change Entry Criteria for Noncommercial Licensees     
LR 0506(01)
Fiscal Note for Original Bill
Sponsor: Rep. Honey of Boothbay
Committee: Marine Resources
Fiscal Note Required: Yes
   
             
Fiscal Note
Projections Projections
2003-04 2004-05 2005-06 2006-07
Net Cost (Savings)
General Fund $16,400 $32,800 $49,200 $65,600
Revenue
General Fund ($16,400) ($32,800) ($49,200) ($65,600)
Other Special Revenue Funds ($2,000) ($4,000) ($6,000) ($8,000)
Fiscal Detail and Notes
Capping the number of noncommercial lobster and crab licenses that can be issued will decrease General Fund revenues collected by the Department of Marine Resources by $16,400 and $32,980 in fiscal years 2003-04 and 2004-05, respectively.  In addition, these same actions will also decrease Other Special Revenue funds revenue collected by the department by $2,000 and $4,000 in fiscal years 2003-04 and 2004-05, respectively.