| 124th MAINE LEGISLATURE | ||||||
| LD 42 | LR 187(02) | |||||
| An Act To Increase the Time Period for Motor Vehicle Inspections to 2 Years | ||||||
| Fiscal Note for Bill as Amended by Committee Amendment " " | ||||||
| Committee: Transportation | ||||||
| Fiscal Note Required: Yes | ||||||
| Fiscal Note | ||||||
| 2009-10 | 2010-11 | Projections 2011-12 | Projections 2012-13 | |||
| Net Cost (Savings) | ||||||
| General Fund | $93,652 | $124,870 | $124,870 | $124,870 | ||
| Highway Fund | $0 | $112,500 | $112,500 | $112,500 | ||
| Revenue | ||||||
| General Fund | ($93,652) | ($124,870) | ($124,870) | ($124,870) | ||
| Highway Fund | $0 | ($112,500) | ($112,500) | ($112,500) | ||
| Other Special Revenue Funds | ($14,078) | ($18,770) | ($18,770) | ($18,770) | ||
| Fiscal Detail and Notes | ||||||
| The Judicial Branch will experience a decrease in General Fund fine revenue due to a decrease in traffic violations. The General Fund loss is estimated to be $93,652 in fiscal year 2009-10 and $124,870 in fiscal year 2010-11. The corresponding decrease in Other Special Revenue Funds revenue from fine surcharges is estimated to be $14,078 in fiscal year 2009-10 and $18,770 in fiscal year 2010-11. | ||||||
| This bill changes the annual inspection requirement for new motor vehicles which have had an inspection, and will decrease Highway Fund revenues to the Department of Public Safety for motor vehicle inspection stickers by $112,500 beginning in fiscal year 2010-11. These vehicles are not required to have another inspection until two years from the last day of the month in which they were initially registered. It is assumed that all vehicles inspected in fiscal year 2008-09 would need to be inspected in fiscal year 2009-10 since these vehicles would have one-year stickers. Based upon this assumption, there will be no fiscal impact in fiscal year 2009-10. The impact in fiscal year 2010-11 assumes new motor vehicles inspected in 2010 would not need to be inspected. The loss of revenue for fiscal year 2011-12 assumes new motor vehicles inspected in 2010 would not need to be inspected. | ||||||