123rd MAINE LEGISLATURE
		LD 1918		LR 2692(01)
	An Act To Ensure Adequate Funding for the Oversight of Spent Nuclear Fuel Storage in Maine
	Fiscal Note for Original Bill
	Sponsor: Rep. Berry of Bowdoinham
	Committee: Utilities and Energy
	Fiscal Note Required: Yes
Fiscal Note
			2007-08	2008-09	Projections 2009-10	Projections 2010-11
Appropriations/Allocations
	Other Special Revenue Funds		$0	$154,437	$158,150	$161,978
Revenue
	Other Special Revenue Funds		$563,333	$195,760	$201,612	$207,558
Fiscal Detail and Notes
	Maintaining an assessment at $360,000 per year multiplied by an inflation index until all spent fuel is removed from the state will result in an increase in Other Special Revenue Funds to the Public Advocate of $63,333 in fiscal year 2007-08 and $195,760 in fiscal year 2008-09.  This assumes the $360,000 is inflated by 1.6% each year and is compared to baseline amounts of $296,667 in fiscal year 2008 and $170,000 each year thereafter.  The Public Advocate will also receive an additional assessment of $500,000 in fiscal year 2007-08 and every 5 years thereafter on a licensee operating a spent fuel storage facility to pay for the costs for required capital equipment.  The Office of the Public Advocate requests an additional allocation of $154,437 in fiscal year 2008-09 to allow expenditure of the additional revenue for a Nuclear Safety Advisor.