123rd MAINE LEGISLATURE
LD 972 LR 614(02)
An Act To Delay the Fiscal Sustainability of the Highway Fund
Fiscal Note for Bill as Amended by Committee Amendment "     "
Committee: Transportation
Fiscal Note Required: Yes
             
Fiscal Note
2007-08 2008-09 Projections 2009-10 Projections 2010-11
Net Cost (Savings)
General Fund $0 $5,604 $5,618 $5,618
Highway Fund $0 $4,996,221 $5,155,971 $4,995,971
Revenue
General Fund $0 ($5,604) ($5,618) ($5,618)
Highway Fund $0 ($4,996,221) ($5,155,971) ($4,995,971)
Other Special Revenue Funds $0 ($98,175) ($98,411) ($98,411)
Fiscal Detail and Notes
Suspending the annual indexing of motor fuels for one year will result in a loss of Highway Fund revenue estimated to be $4,996,221 in fiscal year 2008-09 and a General Fund revenue loss estimated to be $5,604 in fiscal year 2008-09.