121st Maine Legislature
Office of Fiscal and Program Review
LD 1467
An Act to Repeal the Provision of Law Requiring Permits for 53-foot Trailers
LR 1940(01)
Fiscal Note for Original Bill
Sponsor: Sen. Usher
Committee: Transportation
Fiscal Note Required: Yes
   
             
Fiscal Note
Projections Projections
2003-04 2004-05 2005-06 2006-07
Net Cost (Savings)
Highway Fund ($4,364) ($5,818) ($5,818) ($5,818)
Revenue
Highway Fund $4,364 $5,818 $5,818 $5,818
Fiscal Detail and Notes
Repealing the permit requirement for 53-foot trailers will decrease Highway Fund revenue collected by the Secretary of State by $705,135 and $940,180 in fiscal years 2003-04 and 2004-05, respectively.  Increasing various truck and trailer related fees will increase Highway Fund revenue collected by the Secretary of State by $709,499 and $945,998 in fiscal years 2003-04 and 2004-05, respectively.  This bill will also result in a minor net loss of Highway Fund revenue in the collection of fines by the Judicial Department in an undetermined amount due to the anticipated reduction  in unregistered trailer violations and an offsetting increase in overweight violations on the turnpike and Interstate 95.