121st Maine Legislature
Office of Fiscal and Program Review
LD 1378
An Act to Provide Financing Relief for Maine Dairy Farmers
LR 2012(02)
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Agriculture, Conservation and Forestry
Fiscal Note Required: Yes
   
             
Fiscal Note
Current biennium cost increase - General Fund
Current biennium savings - General Fund
Projections Projections
2002-03 2003-04 2004-05 2005-06 2006-07
Net Cost (Savings)
General Fund $0 $0 $0 $0 $0
Appropriations/Allocations
General Fund $0 $0 $0 $0 $0
Other Special Revenue Funds $1,400,000 $4,800,000 $0 $0 $0
Transfers
Other Special Revenue Funds $0 $0 $0 $0 $0
Fiscal Detail and Notes
As amended, this bill includes General Fund deappropriations for the Department of Agriculture, Food and Rural Resources which total $463,087 in fiscal year 2002-03.  The bill also includes a General Fund appropriation of $463,087 in fiscal year 2002-03 to the department for funds which will be transferred to the Maine Milk Pool and then distributed to dairy farmers.  The net effect to the General Fund for fiscal year 2002-03 is $0.  As amended, this bill also includes Other Special Revenue funds allocations for the department to allow distribution of funds to dairy farmers; the amounts are $1,400,000 and $4,800,000 in fiscal years 2002-03 and 2003-04, respectively.  Finally, it also authorizes the transfer of a total of $36,913 in fiscal year 2002-03 from 3 Other Special Revenue accounts within the department to the Maine Milk Pool Other Special Revenue account.