| 124th MAINE LEGISLATURE | ||||||
| LD 878 | LR 1727(02) | |||||
| An Act To Change the Status of the Road System at the Loring Development Authority | ||||||
| Fiscal Note for Bill as Amended by Committee Amendment " " | ||||||
| Committee: Transportation | ||||||
| Fiscal Note Required: Yes | ||||||
| Fiscal Note | ||||||
| No State fiscal impact | ||||||
| Fiscal Detail and Notes | ||||||
| This bills allows the Loring Development Authority to participate in the Urban-Rural Initiative Program with the Department of Transportation. The Authority will be treated like a municipality and will share program funding with all municipalities. Since program disbursements are on a per-lane-mile basis and the same amount of funds will be allocated to more lane miles, there will be a decrease in the per mile rate of payment to all participants. Although there will be no fiscal impact to the State, funding to municipalities will decrease to accommodate the lower disbursement rate for more lane miles. | ||||||