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.