121st Maine Legislature
Office of Fiscal and Program Review
LD 1467
An Act to Repeal the Provision of Law Requiring Permits for 53-foot Trailers
LR 1940(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)
Highway Fund ($4,364) ($5,818) ($5,818) ($5,818)
Revenue
Highway Fund $4,364 $5,818 $5,818 $5,818
Fiscal Detail and Notes
Repealing the permit requirement for 53-foot trailers will decrease Highway Fund revenue collected by the Secretary of State by $705,135 and $940,180 in fiscal years 2003-04 and 2004-05, respectively.  Increasing various truck and trailer related fees will increase Highway Fund revenue collected by the Secretary of State by $709,499 and $945,998 in fiscal years 2003-04 and 2004-05, respectively.  This bill will also result in an undetermined loss of Highway Fund fine revenue due to the anticipated reduction in unregistered trailer violations.