| 121st Maine Legislature | |||||||
| Office of Fiscal and Program Review | |||||||
| LD 1261 | |||||||
| An Act To Support Clean and Efficient Energy for the Future of Maine's Economy and Environment | |||||||
| LR 1317(03) | |||||||
| Fiscal Note for Bill as Amended by Committee Amendment " " | |||||||
| Committee: Utilities and Energy | |||||||
| Fiscal Note Required: Yes | |||||||
| Minority Report | |||||||
| Fiscal Note | |||||||
| Projections | Projections | ||||||
| 2003-04 | 2004-05 | 2005-06 | 2006-07 | ||||
| Appropriations/Allocations | |||||||
| Other Special Revenue Funds | $0 | ($8,500,000) | ($8,691,250) | ($8,908,531) | |||
| Fiscal Detail and Notes | |||||||
| Repealing the Public Utilities Commission's energy efficiency and low-income assistance programs will require Other Special Revenue deallocations of $8,500,000 in fiscal year 2004-05, $8,691,250 in fiscal year 2005-06 and $8,908,531 in fiscal year 2006-07. These deallocations are due to the elimination of the Conservation Program Fund and Conservation Administrative Fund as required by this bill. Costs associated with developing and implementing a plan to return unspent monies collected pursuant to these programs to ratepayers can be absorbed by the Public Utilities Commission utilizing existing budgeted resources. The fiscal impact of repealing P&S 2001, Chapter 45, sections 1 and 2 can not be determined at this time. | |||||||