| 122nd MAINE LEGISLATURE | |||||||||
| LD 88 | LR 0454(01) | ||||||||
| An Act To Eliminate Automobile Inspection Requirements | |||||||||
| Fiscal Note for Original Bill | |||||||||
| Sponsor: Sen. Woodcock of Franklin | |||||||||
| Committee: Transportation | |||||||||
| Fiscal Note Required: Yes | |||||||||
| Fiscal Note | |||||||||
| Projections | Projections | ||||||||
| 2005-06 | 2006-07 | 2007-08 | 2008-09 | ||||||
| Net Cost (Savings) | |||||||||
| Highway Fund | $1,598,838 | $1,924,609 | $2,024,676 | $1,985,544 | |||||
| Appropriations/Allocations | |||||||||
| Highway Fund | ($756,312) | ($1,215,591) | ($1,115,524) | ($1,154,656) | |||||
| Revenue | |||||||||
| Highway Fund | ($2,355,150) | ($3,140,200) | ($3,140,200) | ($3,140,200) | |||||
| Fiscal Detail and Notes | |||||||||
| The elimination of automobile inspection requirements will result in the loss of $2,355,150 and $3,140,200 in budgeted revenue to the Highway Fund in fiscal years 2005-06 and 2006-07, respectively, from motor vehicle inspection fees. The Motor Vehicle Inspection program within the Department of Public Safety will require Highway Fund deallocations in the amounts of $763,312 and $1,215,591 in fiscal years 2005-06 and 2006-07, respectively, to reflect the elimination of that program. | |||||||||