128th MAINE LEGISLATURE
LD 1685 LR 2676(01)
An Act To Create The Barbara Bush Children's Hospital Registration Plate
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Sen. Collins of York
Committee: Transportation
Fiscal Note Required: Yes
             
Preliminary Fiscal Impact Statement
FY 2017-18 FY 2018-19 Projections  FY 2019-20 Projections  FY 2020-21
Net Cost (Savings)
Highway Fund $1,962 ($56,640) ($69,000) ($89,000)
Appropriations/Allocations
Highway Fund $51,962 $0 $0 $0
Other Special Revenue Funds $0 $66,600 $110,000 $160,000
Revenue
Highway Fund $50,000 $56,640 $69,000 $89,000
Other Special Revenue Funds $0 $73,260 $121,000 $176,000
Fiscal Detail and Notes
This bill creates the Barbara Bush Children's Hospital specialty license plate.  The Department of Secretary of State will require a one time Highway Fund allocation of $51,962 in fiscal year 2017-18 for the cost to design and manufacture the plates and an Other Special Revenue Funds allocation of $66,600 in fiscal year 2018-19 to remit the funds to the Barbara Bush Children's Hospital.  Highway Fund revenue would increase by $50,000 in fiscal year 2017-18 and by $56,640 in fiscal year 2018-19.  Other Special Revenue Funds revenue to the Department of Secretary of State would be increased by $73,260 in fiscal year 2018-19.