127th MAINE LEGISLATURE
LD 1483 LR 2332(02)
An Act To Amend Maine's Motor Vehicle Laws
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Transportation
Fiscal Note Required: Yes
             
Fiscal Note
FY 2015-16 FY 2016-17 Projections  FY 2017-18 Projections  FY 2018-19
Net Cost (Savings)
General Fund $38,428 $230,568 $230,568 $230,568
Highway Fund ($25,733) ($190,868) ($189,729) ($189,556)
Appropriations/Allocations
Highway Fund $12,695 $39,700 $40,839 $41,012
Revenue
General Fund ($38,428) ($230,568) ($230,568) ($230,568)
Highway Fund $38,428 $230,568 $230,568 $230,568
Fiscal Detail and Notes
The bill includes a Highway Fund allocation of $12,695 in fiscal year 2015-16 and $39,700 in fiscal year 2016-17 to the Department of Secretary of State for position reorganizations.  The bill also proposes to change the crediting of excise tax from nonresidents from the General Fund to the Highway Fund and would increase Highway Fund revenue by $38,428 in fiscal year 2015-16 and $230,568 in fiscal year 2016-17 with a corresponding decrease in General Fund revenue.