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128th MAINE LEGISLATURE |
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LD 159 |
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LR 1074(02) |
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An Act To
Prohibit the Mining of Massive Sulfide Ore Deposits on State Lands |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Agriculture, Conservation and
Forestry |
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Fiscal Note Required: Yes |
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| Fiscal Note |
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Potential current biennium revenue decrease - Other Special
Revenue Funds
Potential future biennium savings - Other Special Revenue Funds |
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| Fiscal Detail
and Notes |
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Prohibiting the
Department of Agriculture, Conservation, and Forestry(ACF) from granting
mining leases for the mining of massive sulfide ore deposits on state lands
would eliminate any potential Other Special Revenue Funds (OSRF) revenue to
the ACF from application fees and lease royalties. Any costs to the ACF from
the lease review process would be eliminated as well. The bill would also
effectively prohibit the Department of Environmental Protection (DEP) from
issuing permits for metallic mineral mining under the Maine Metallic Mineral
Mining Act, eliminating any potential permit fee revenue from accruing to the
Metallic Mining Fund within the DEP and eliminating any costs related to
DEP's permitting process. |
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