|
|
|
|
|
|
|
|
|
|
121st Maine Legislature |
|
|
|
Office of Fiscal and Program Review |
|
|
|
LD 1665 |
|
|
|
An Act
To Require Owners and Operators of Snowmobiles and All-terrain Vehicles to
Carry Liability Insurance |
|
|
|
|
|
|
|
|
|
LR 2323(01) |
|
|
|
Fiscal Note for Original Bill |
|
|
|
Sponsor: Rep. Collins of Wells |
|
|
|
Committee: Insurance and Financial Services |
|
|
|
Fiscal Note Required: Yes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fiscal Note |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Projections |
Projections |
|
|
|
|
2003-04 |
2004-05 |
2005-06 |
2006-07 |
|
Net Cost
(Savings) |
|
|
|
|
|
|
|
General Fund |
|
$0 |
$0 |
$112,951 |
$112,951 |
|
|
|
|
|
|
|
|
|
Revenue |
|
|
|
|
|
|
|
General Fund |
|
$0 |
$0 |
($112,951) |
($112,951) |
|
|
Other Special Revenue Funds |
|
$0 |
$0 |
($145,251) |
($145,251) |
|
|
|
|
|
|
|
|
|
Correctional and
Judicial Impact Statements: |
|
|
|
|
|
Establishes a new civil violation |
|
|
|
|
|
|
|
|
|
|
|
|
|
Fiscal Detail
and Notes |
|
|
|
|
|
|
|
As a
result of requiring that owners and users of snowmobiles and all-terrain
vehicles must carry certain liability insurance, the Department of Inland
Fisheries and Wildlife estimates a decrease in the number of snowmobile and
all-terrain vehicle registrations thereby reducing annual General Fund
revenues by $112,951 and reducing annual Other Special Revenue Funds revenues
by $145,251 beginning in fiscal year 2005-06. In addition, municipal governments will lose an estimated
$24,833 in annual fee revenue. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|