| 122nd MAINE LEGISLATURE | |||||||||
| LD 1092 | LR 1779(03) | ||||||||
| An Act To Increase County Filing Fees | |||||||||
| Fiscal Note for Bill as Amended by Committee Amendment " " | |||||||||
| Committee: State and Local Government | |||||||||
| Fiscal Note Required: Yes | |||||||||
| Minority Report | |||||||||
| Fiscal Note | |||||||||
| Exempted State Mandate | |||||||||
| Projections | Projections | ||||||||
| 2005-06 | 2006-07 | 2007-08 | 2008-09 | ||||||
| Appropriations/Allocations | |||||||||
| Other Special Revenue Funds | $975,000 | $1,300,000 | $1,300,000 | $1,300,000 | |||||
| Revenue | |||||||||
| Other Special Revenue Funds | $975,000 | $1,300,000 | $1,300,000 | $1,300,000 | |||||
| State Mandate | |||||||||
| New or Expanded Activity | Unit Affected | Costs | |||||||
| Requiring the Register of Deeds to impose a $6 surcharge for all documents that are recorded in the county registry of deeds except those recorded by agencies of state government and municipalities is a state mandate pursuant to the Constitution of Maine. The additional costs to administer the county surcharge can not be determined at this time. Pursuant to the Mandate Preamble, the two-thirds vote of all members elected to each House exempts the State from the constitutional requirement to fund 90% of the additional local costs. | County | Significant | |||||||
| Fiscal Detail and Notes | |||||||||
| It is estimated that the annualized revenue derived from the state receiving half of the proposed $6 surcharge on certain registry of deeds documents will be approximately $975,000 for fiscal year 2005-06 and $1,300,000 in fiscal year 2006-07. An equal amount will be retained by the counties. This estimate is based on 2003 data and it is anticipated that the Treasurer of State will experience a one month lag in receipt of revenue. | |||||||||
| This bill includes Other Special Revenue Funds allocations of $975,000 in fiscal year 2005-06 and $1,300,000 in fiscal year 2006-07 for the New Century Grant Program within the Maine State Cultural Affairs Council to provide grants to communities. | |||||||||