| 124th MAINE LEGISLATURE | ||||||
| LD 1248 | LR 1175(01) | |||||
| An Act Authorizing a Scratch Ticket with Proceeds To Benefit Native American Boys and Girls Clubs | ||||||
| Preliminary Fiscal Impact Statement for Original Bill | ||||||
| Sponsor: Rep. Soctomah of Passamaquoddy Tribe | ||||||
| Committee: Legal and Veterans Affairs | ||||||
| Fiscal Note Required: Yes | ||||||
| Preliminary Fiscal Impact Statement | ||||||
| 2009-10 | 2010-11 | Projections 2011-12 | Projections 2012-13 | |||
| Net Cost (Savings) | ||||||
| General Fund | $332,100 | $797,040 | $797,040 | $797,040 | ||
| Appropriations/Allocations | ||||||
| Other Special Revenue Funds | $337,500 | $810,000 | $810,000 | $810,000 | ||
| Revenue | ||||||
| General Fund | $5,400 | $12,960 | $12,960 | $12,960 | ||
| Other Special Revenue Funds | ($5,400) | ($12,960) | ($12,960) | ($12,960) | ||
| Transfers | ||||||
| General Fund | ($337,500) | ($810,000) | ($810,000) | ($810,000) | ||
| Other Special Revenue Funds | $337,500 | $810,000 | $810,000 | $810,000 | ||
| Fiscal Detail and Notes | ||||||
| It is assumed that this new ticket would be a $1 ticket. It is also assumed that 100% of sales related to this ticket would come from people who are already playing the lottery and switch from another ticket to this ticket. Based upon previous experience with dedicated lottery tickets, it is estimated that the amount transferred to the Native American Boys and Girls Club Fund would be $337,500 in fiscal year 2009-10 and $810,000 beginning in fiscal year 2010-11. This transfer would consist of $5,400 in fiscal year 2009-10 and $12,960 beginning in fiscal year 2010-11 from the Maine Outdoor Heritage Fund, an Other Special Revenue Fund, and $332,100 in fiscal year 2009-10 and $797,040 beginning in fiscal year 2010-11 from the General Fund. The distribution of revenue loss to Other Special Revenue Funds and General Fund is based upon the ratio of total lottery sales. | ||||||