121st Maine Legislature
		Office of Fiscal and Program Review
		LD 1375
		An Act To Delay the Fiscal Sustainability of the Highway Fund
		LR 1882(02)
		Fiscal Note for Bill as Amended by Committee Amendment " "
		Committee: Transportation
		Fiscal Note Required: Yes
Fiscal Note
					Projections	Projections
			2003-04	2004-05	2005-06	2006-07
Net Cost (Savings)
	General Fund		($2,600)	$1,315	$13,486	$24,931
	Highway Fund		($3,060,096)	$2,204,450	$7,504,137	$13,388,208
Revenue
	General Fund		$2,600	($1,315)	($13,486)	($24,931)
	Highway Fund		$3,060,096	($2,204,450)	($7,504,137)	($13,388,208)
	Other Special Revenue Funds		$0	$0	($137,916)	($247,475)
Fiscal Detail and Notes
	Highway Fund - Gas Tax		$2,560,855	($1,513,778)	($5,684,140)	($10,199,475)
	Highway Fund - Special Fuel Tax		$499,241	($690,672)	($1,819,997)	($3,188,733)
	Repealing the annual indexing of motor fuel taxes and increasing the gasoline and special fuel taxes will increase Highway Fund revenue by $3,060,096 in fiscal year 2003-04 and decrease Highway Fund revenue by $2,204,450 in fiscal year 2004-05.  It will also increase General Fund revenue by $2,600 in fiscal year 2003-04 and decrease General Fund revenue by $1,315 in fiscal year 2004-05.