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125th MAINE LEGISLATURE |
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LD 83 |
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LR 418(05) |
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An Act To Legalize
the Sale, Possession and Use of Fireworks |
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Fiscal Note for
Senate Amendment " " to
Committee Amendment "A" |
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Sponsor: Sen. Mason of Androscoggin |
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Fiscal Note Required: Yes |
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Fiscal Note |
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FY 2011-12 |
FY 2012-13 |
Projections FY 2013-14 |
Projections FY 2014-15 |
Net Cost
(Savings) |
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General Fund |
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($117,210) |
($29,657) |
($12,549) |
($12,956) |
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Appropriations/Allocations |
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General Fund |
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($134,766) |
($29,657) |
($12,549) |
($12,956) |
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Other Special Revenue Funds |
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$35,000 |
$25,000 |
$7,500 |
$7,500 |
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Revenue |
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General Fund |
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($17,556) |
$0 |
$0 |
$0 |
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Other Special Revenue Funds |
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$34,081 |
$25,000 |
$7,500 |
$7,500 |
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Fiscal Detail
and Notes |
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This
floor amendment delays the effective date of this bill to January 1, 2012 and
increases the initial license fee from $1,500 to $5,000. The incremental effect over the committee
amendment is a reduction in General Fund appropriation of $134,766 in fiscal
year 2011-12 and $29,657 in fiscal year 2012-13. It also increases Other Special Revenue
Funds revenue and allocation to the Department of Public Safety by $35,000 in
fiscal year 2011-12 and $25,000 in fiscal year 2012-13. The January 1, 2012 effective date will
decrease General Fund revenue by $17,556 in fiscal year 2011-12 and decrease
Local Government Fund revenue by $919 in fiscal year 2011-12 because the new
effective date will result in fewer sales tax collections than would have
occurred under the committee amendment. |
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