126th MAINE LEGISLATURE
		LD 1324		LR 1288(02)
	An Act To Protect Local Communities When a Mining Project Is Terminated
	Fiscal Note for Bill as Amended by Committee Amendment " "
	Committee: Environment and Natural Resources
	Fiscal Note Required: Yes
Fiscal Note
Current biennium cost increase - Other Special Revenue Funds Current biennium revenue increase - Other Special Revenue Funds
			FY 2013-14	FY 2014-15	Projections  FY 2015-16	Projections  FY 2016-17
Transfers
	Other Special Revenue Funds		$0	$0	$0	$0
Fiscal Detail and Notes
	The bill repeals the Metallic Mining Fund under the jurisdiction of the Department of Environmental Protection (DEP) and repeals the transfer of $250,000 each ($500,000 total) from the Groundwater Oil Clean-up Fund and the Uncontrolled Sites Fund that would have been required by September 30, 2013.
	The bill increases certain mining fees and requires they be deposited into and disbursed from the Mining Oversight Fund, which will now be administered by the Mining Excise Tax Trust Fund Board of Trustees.  The board will use the fee revenue to cover all costs of oversight responsibilities assigned to it by this bill.