| 125th MAINE LEGISLATURE | ||||||
| LD 83 | LR 418(05) | |||||
| An Act To Legalize the Sale, Possession and Use of Fireworks | ||||||
| Fiscal Note for Senate Amendment " " to Committee Amendment "A" | ||||||
| Sponsor: Sen. Mason of Androscoggin | ||||||
| Fiscal Note Required: Yes | ||||||
| Fiscal Note | ||||||
| FY 2011-12 | FY 2012-13 | Projections FY 2013-14 | Projections FY 2014-15 | |||
| Net Cost (Savings) | ||||||
| General Fund | ($117,210) | ($29,657) | ($12,549) | ($12,956) | ||
| Appropriations/Allocations | ||||||
| General Fund | ($134,766) | ($29,657) | ($12,549) | ($12,956) | ||
| Other Special Revenue Funds | $35,000 | $25,000 | $7,500 | $7,500 | ||
| Revenue | ||||||
| General Fund | ($17,556) | $0 | $0 | $0 | ||
| Other Special Revenue Funds | $34,081 | $25,000 | $7,500 | $7,500 | ||
| Fiscal Detail and Notes | ||||||
| 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. | ||||||