| 125th MAINE LEGISLATURE | ||||||
| LD 872 | LR 347(02) | |||||
| An Act To Clarify the Natural Resources Protection Act | ||||||
| Fiscal Note for Bill as Amended by Committee Amendment " " | ||||||
| Committee: Environment and Natural Resources | ||||||
| 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 | $2,000,000 | $2,000,000 | $2,000,000 | $2,000,000 | ||
| Appropriations/Allocations | ||||||
| General Fund | $2,000,000 | $2,000,000 | $2,000,000 | $2,000,000 | ||
| Fiscal Detail and Notes | ||||||
| This bill includes General Fund appropriations of $2 million annually to the Department of Environmental Protection (DEP) beginning in fiscal year 2011-12 to compensate landowners who seek compensation from the state for the amount of any property value losses incurred as a result of more stringent setback regulations that apply to areas containing significant vernal pool habitat. The fiscal note assumes 200 landowners would qualify for an average of $10,000 in compensation each year. | ||||||