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129th MAINE LEGISLATURE |
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LD 1870 |
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LR 3070(01) |
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An Act To Create
the Maine Lighthouse Trust Registration Plate |
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Preliminary Fiscal
Impact Statement for Original Bill |
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Sponsor: Sen. Miramant of Knox |
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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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($50,000) |
$47,371 |
($10,136) |
($9,557) |
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| Appropriations/Allocations |
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Highway Fund |
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$0 |
$52,247 |
$0 |
$0 |
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| Revenue |
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Highway Fund |
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$50,000 |
$4,876 |
$10,136 |
$9,557 |
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Other Special Revenue Funds |
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$0 |
$6,534 |
$22,374 |
$20,505 |
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| Fiscal Detail and
Notes |
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The bill creates
the Maine Lighthouse Trust license
plate. The Department of Secretary of
State will require a one-time Highway Fund allocation of $52,247 in fiscal
year 2020-21 to design and manufacture the Maine Lighthouse Trust license
plates. Highway Fund revenue would be
increased by $50,000 in fiscal year 2019-20 and $4,876 in fiscal year
2020-21. Other Special Revenue Funds
revenue would be increased by $6,534 in fiscal year 2020-21. |
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