125th MAINE LEGISLATURE
LD 1367 LR 887(02)
An Act To Restore Maine's Secondary Roads
Fiscal Note for Bill as Amended by Committee Amendment "A"
Committee: Transportation
Fiscal Note Required: Yes
             
Fiscal Note
Future biennium revenue decrease - Highway Fund
FY 2011-12 FY 2012-13 Projections  FY 2013-14 Projections  FY 2014-15
Appropriations/Allocations
Other Special Revenue Funds $0 $0 $500 $500
Fiscal Detail and Notes
This legislation, which is effective July 1, 2013, establishes the Secondary Road Program Fund within the Department of Transportation.  The bill includes a base allocation to the Department of Transportation of $500 beginning in fiscal year 2013-14 to allow the department to spend any funds received.
The Fund may receive revenue derived from the use of department land and assets and designated statutory corridors for energy infrastructure development.  The transfer of any potential uncommitted balance in the Highway Fund unallocated surplus account at the end of each fiscal year will reduce resources available to the Highway Fund.