121st Maine Legislature
Office of Fiscal and Program Review
LD 743
An Act To Protect Public Health and the Environment through the Collection and Recycling of Electronic Waste
LR 1194(01)
Fiscal Note for Original Bill
Sponsor: Rep. Thompson
Committee: Natural Resources
Fiscal Note Required: Yes
   
             
Fiscal Note
Projections Projections
2003-04 2004-05 2005-06 2006-07
Net Cost (Savings)
General Fund $350,000 $385,000 $400,000 $223,000
Appropriations/Allocations
General Fund $350,000 $385,000 $400,000 $223,000
Fiscal Detail and Notes
General Fund appropriations will be required to fund 5 new staff positions, anticipated rulemaking costs, consulting services and general operating expenses required to establish a program to regulate the collection and recycling of electronic waste at the Department of Environmental Protection.  There is a provision in the bill that requires producers of electronic equipment to provide a "financial guarantee" to cover some of the Department of Environmental Protection costs of this program.  The exact financial  impact of this provision can not be determined at this time.