| 124th MAINE LEGISLATURE | ||||||
| LD 831 | LR 1503(03) | |||||
| An Act To Enhance Fund-raising Opportunities by Certain Nonprofit and Fraternal Organizations | ||||||
| Fiscal Note for House Amendment " " to Committee Amendment "A" | ||||||
| Sponsor: Rep. Fitts of Pittsfield | ||||||
| Fiscal Note Required: Yes | ||||||
| Fiscal Note | ||||||
| 2009-10 | 2010-11 | Projections 2011-12 | Projections 2012-13 | |||
| Revenue | ||||||
| Other Special Revenue Funds | $98,700 | $131,600 | $131,600 | $131,600 | ||
| Fiscal Detail and Notes | ||||||
| This amendment requires non-profits that do not need to be licensed to submit a $30 registration fee for each event. Current license fees for games of chance are $15 per week, $60 per month, or $700 per calendar year. It is possible that many of these non-profit organizations will determine that it is more advantageous to pay the licensing fee as opposed to the per event registration fee, thus reducing the loss of revenue included in the Committee amendment. It is estimated that there will still be certain non-profits that will benefit financially by not having to be licensed. | ||||||
| It is difficult to predict what each non-profit that is below $15,000 in gross revenue per calendar year may decide is most advantageous. It is believed that the bill, as amended, would result in a loss of Other Special Revenue Funds revenue. This loss has been estimated to be $30,000 in fiscal year 2009-10 and $40,000 in fiscal year 2010-11. | ||||||