123rd MAINE LEGISLATURE
LD 245 LR 530(01)
An Act To Amend the Laws Pertaining to the Licensing of Motor Vehicle Dealerships
Fiscal Note for Original Bill
Sponsor: Sen. Nass, R. of York
Committee: Transportation
Fiscal Note Required: Yes
             
Fiscal Note
2007-08 2008-09 Projections 2009-10 Projections 2010-11
Net Cost (Savings)
Highway Fund $6,413 $8,550 $8,550 $8,550
Revenue
Highway Fund ($6,413) ($8,550) ($8,550) ($8,550)
Fiscal Detail and Notes
Increasing the number of vehicles which a motor vehicle dealer must sell to become a licensed motor vehicle dealer will decrease estimated Highway Fund revenue by an estimated $6,413 in fiscal year 2007-08 and by $8,550 in each fiscal year thereafter.