| 122nd MAINE LEGISLATURE | |||||||||
| LD 1432 | LR 1769(02) | ||||||||
| An Act To Reestablish the Milk Handling Fee | |||||||||
| Fiscal Note for Bill as Amended by Committee Amendment " " | |||||||||
| Committee: Agriculture, Conservation and Forestry | |||||||||
| Fiscal Note Required: Yes | |||||||||
| Fiscal Note | |||||||||
| Projections | Projections | ||||||||
| 2005-06 | 2006-07 | 2007-08 | 2008-09 | ||||||
| Net Cost (Savings) | |||||||||
| General Fund | ($1,190,000) | ($1,300,000) | ($1,300,000) | ($1,300,000) | |||||
| Appropriations/Allocations | |||||||||
| General Fund | $10,000 | $0 | $0 | $0 | |||||
| Revenue | |||||||||
| General Fund | $1,200,000 | $1,300,000 | $1,300,000 | $1,300,000 | |||||
| Fiscal Detail and Notes | |||||||||
| The Milk Handling Fee may increase General Fund Revenue by an estimated $1,200,000 in fiscal year 2005-06 and $1,300,000 in fiscal year 2006-07. The actual amount of additional revenue may vary greatly from these estimates since the handling fee imposed is required to range from 0 cents per gallon to 12 cents per gallon depending on the price of milk, a variable that is difficult to predict with any certainity. This bill also includes a $10,000 General Fund appropriation in fiscal year 2005-06 for the initial additional costs to Maine Revenue Services. | |||||||||