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129th MAINE LEGISLATURE |
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LD 1528 |
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LR 2276(01) |
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An Act To Amend
the Laws Regarding Motor Vehicle Fees |
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Preliminary Fiscal
Impact Statement for Original Bill |
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Sponsor: Sen. Diamond of Cumberland |
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Committee: Transportation |
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Fiscal Note Required: Yes |
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| Preliminary
Fiscal Impact Statement |
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FY 2019-20 |
FY 2020-21 |
Projections FY 2021-22 |
Projections FY 2022-23 |
| Net Cost
(Savings) |
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Highway Fund |
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$0 |
($13,920) |
($13,920) |
($13,920) |
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| Revenue |
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Highway Fund |
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$0 |
$13,920 |
$13,920 |
$13,920 |
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| Fiscal Detail
and Notes |
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This bill
increases several motor vehicle fees and reduces the driver's license fee for
people 65 years old and older and would result in a net increase in Highway
Fund revenue of $13,920 beginning in fiscal year 2020-21. |
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