121st Maine Legislature
		Office of Fiscal and Program Review
		LD 1910
		An Act To Implement the Recommendations of the Committee To Study the Revenue Sources of the Office of Consumer Credit Regulation
		LR 2665(02)
		Fiscal Note for Bill as Amended by Committee Amendment " "
		Committee: Insurance and Financial Services
		Fiscal Note Required: Yes
Fiscal Note
					Projections	Projections
			2003-04	2004-05	2005-06	2006-07
Revenue
	Other Special Revenue Funds		$0	($175,000)	$0	$0
Fiscal Detail and Notes
	Additional costs to the Department of Professional and Financial Regulation in implementing this legislation can be absorbed utilizing existing budgeted resources. The bill's provision requiring a reduction in fees if the balance in the dedicated account of the Office of Consumer Credit Regulation exceeds 125% of operating expenses is assumed to be triggered for state fiscal year 2004-05, resulting in a reduction in Other Special Revenue Funds collections of $175,000. The impact on collections resulting from granting the Administrator the authority to adjust volume fees cannot be determined at this time.