121st Maine Legislature
		Office of Fiscal and Program Review
		LD 1820
		An Act To Establish the Gambling Control Board To License and Regulate Slot Machines at Commercial Harness Racing Tracks
		LR 2664(07)
	Fiscal Note for House Amendment " " to Committee Amendment " "
		Sponsor: Rep. Woodbury
		Fiscal Note Required: Yes
Fiscal Note
					Projections	Projections
			2003-04	2004-05	2005-06	2006-07
Net Cost (Savings)
	General Fund		$0	$534,631	$1,738,453	$16,431,905
	Fund For a Healthy Maine		$0	$1,426,404	$2,909,844	$7,914,816
Appropriations/Allocations
	General Fund		$0	($1,165,426)	($1,637,839)	($3,306,554)
	Other Special Revenue Funds		$0	($3,557,255)	($7,256,750)	($19,738,459)
Revenue
	General Fund		$0	($1,700,057)	($3,376,292)	($19,738,459)
	Fund For a Healthy Maine		$0	($1,426,404)	($2,909,844)	($7,914,816)
	Other Special Revenue Funds		$0	($3,557,255)	($7,256,750)	($19,738,459)
Fiscal Detail and Notes
	By reducing the maximum number of allowable registered slot machines from 1,500 to 50, this amendment does the following:
	It reduces General Fund appropriations by $1,165,426 in fiscal year 2004-05 and reduces General Fund revenues for that same year by $1,700,057;
	It reduces Other Special Revenue Funds allocations by $3,557,255 in fiscal year 2004-05 and reduces dedicated revenues for that same year by the same amount; and
	It reduces Fund for Healthy Maine revenues  by $1,426,404 in fiscal year 2004-05 .
	If the maximum number of allowable registered slot machines is restored to 1,500 through the results of the proposed referendum, then the fiscal impact identified for Committee Amendment "A" will be delayed for approximately 6 months; the exact fiscal impact can not be determined at this time.
Referendum Costs - General Fund
Referendum Costs		Month/Year	Election Type	Question	Length
		Nov-04	General	Referendum	Standard
	The Secretary of State's budget includes sufficient funds to accommodate one ballot of average length for the general election in November. If the number or size of the referendum questions increases the ballot length, an additional appropriation of $8,000 or more may be required.