| 121st Maine Legislature | ||||||||
| Office of Fiscal and Program Review | ||||||||
| LD 985 | ||||||||
| An Act To Improve the State's Returnable Bottle Law and Adjust Handling Fees | ||||||||
| LR 1324(10) | ||||||||
| Fiscal Note for Senate Amendment " " to Committee Amendment "A" | ||||||||
| Sponsor: Sen. Gagnon | ||||||||
| Fiscal Note Required: Yes | ||||||||
| Fiscal Note | ||||||||
| Significantly reduces current biennium revenue increase - General Fund | ||||||||
| Reduces current biennium revenue increase - Other Special Revenue Funds | ||||||||
| Fiscal Detail and Notes | ||||||||
| This amendment exempts beverage containers from the requirement that unclaimed deposits will be deposited into the General Fund. This exemption will eliminate much of the revenue that would have been collected for the General Fund by the bill as amended by Committee Amendment "A". The overall effect of the bill as amended is a minor increase in revenue to the General Fund. | ||||||||
| Delaying the date by which the reimbursement fees for returned containers are increased will reduce the anticipated increase in Other Special Revenue Funds revenue collected by the Department of Agriculture, Food and Rural Resources in fiscal year 2003-04; the amounts can not be determined at this time. | ||||||||
| This amendment also exempts certain breweries and bottlers from the increased handling fees. The net effect of this Other Special Revenue Funds revenue reduction is likely to be insignificant. | ||||||||