| 125th MAINE LEGISLATURE | ||||||
| LD 1417 | LR 1071(01) | |||||
| An Act To Exempt Wine Bottles from Maine's Container Redemption System | ||||||
| Preliminary Fiscal Impact Statement for Original Bill | ||||||
| Sponsor: Rep. Fitts of Pittsfield | ||||||
| Committee: Environment and Natural Resources | ||||||
| Fiscal Note Required: Yes | ||||||
| Preliminary Fiscal Impact Statement | ||||||
| FY 2011-12 | FY 2012-13 | Projections FY 2013-14 | Projections FY 2014-15 | |||
| Revenue | ||||||
| Other Special Revenue Funds | ($18,276) | ($18,276) | ($18,276) | ($18,276) | ||
| Fiscal Detail and Notes | ||||||
| This legislation removes wine bottles from the bottle redemption system and will result in an Other Special Revenue Funds loss of revenue to the Department of Agriculture, Food and Rural Resources of $18,276 beginning in fiscal year 2011-12 for reduced registrations and renewals of beverage container labels. | ||||||
| There will also be a reduction in General Fund revenues related to reduced unclaimed deposits. An estimate of this reduction has not been made at this time. | ||||||