124th MAINE LEGISLATURE
		LD 1786		LR 2578(14)
	An Act Regarding Energy Infrastructure Development
	Fiscal Note for Senate Amendment "   " to Committee Amendment "A"
	Sponsor: Sen. Damon of Hancock
	Fiscal Note Required: Yes
Fiscal Note
			2009-10	2010-11	Projections 2011-12	Projections 2012-13
Appropriations/Allocations
	Other Special Revenue Funds		$0	$0	$0	$0
Fiscal Detail and Notes
	This amendment increases the amount of revenue transferred from the Energy Infrastructure Benefits Fund at the Efficiency Maine Trust to the Department of Transportation (DOT) from 20% to 50% and designates that the 50% to DOT only applies to revenues associated with the use of the Interstate 95, Interstate 295 and Searsport-Loring energy corridors.  Depending upon the projects received, and which energy corridor the project proposes to use, this change could result in either a decrease or increase in Other Special Revenue Funds revenue to DOT as compared to the committee amendment.
	The amendment also removes the Transportation Efficiency Fund from the bill, therefore the Other Special Revenue Funds base allocation of $500 to that Fund has been removed and a new $500 Other Special Revenue Funds base allocation established to allow the DOT to spend any revenues received.  The incremental effect to Other Special Revenue Funds allocations to the DOT is $0.
	Any Other Special Revenue Fund losses or gains to Efficiency Maine Trust that may arise from adjusting the percentage of revenue transferred to the DOT, and/or adjustments to the scope of transfers related to particular energy corridors, are not expected to significantly impact any Efficiency Maine Trust programs.
	This amendment also clarifies that the Energy Infrastructure Benefits Fund is established within the Efficiency Maine Trust and that whatever amount remains after transfers to DOT will remain with the Efficiency Maine Trust.