121st Maine Legislature
Office of Fiscal and Program Review
LD 1294
An Act To Amend the Motor Vehicle Franchise Law      
LR 1735(02)
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Business, Research and Economic Development
Fiscal Note Required: Yes
   
             
Fiscal Note
Projections Projections
2003-04 2004-05 2005-06 2006-07
Appropriations/Allocations
Other Special Revenue Funds $80,273 $84,545 $87,927 $91,444
Revenue
Other Special Revenue Funds $89,850 $119,800 $119,800 $119,800
Correctional and Judicial Impact Statements
This bill may decrease the number of civil suits filed in the court system
Fiscal Detail and Notes
The Department of the Secretary of State will need additional Other Special Revenue Funds allocations of $80,273 and $84,545 in fiscal years 2003-04 and 2004-05, respectively, for the costs of one Attorney position.  The bill also establishes new dedicated fees to be collected by the Maine Motor Vehicle Franchise Board; the estimated amounts are $89,850 and $119,800 in fiscal years 2003-04 and 2004-05, respectively.