| 123rd MAINE LEGISLATURE | ||||||
| LD 828 | LR 2116(01) | |||||
| An Act To Change the Process for Applying for Reimbursement of Fuel Taxes | ||||||
| Fiscal Note for Original Bill | ||||||
| Sponsor: Rep. Curtis of Madison | ||||||
| Committee: Taxation | ||||||
| Fiscal Note Required: Yes | ||||||
| Fiscal Note | ||||||
| 2007-08 | 2008-09 | Projections 2009-10 | Projections 2010-11 | |||
| Net Cost (Savings) | ||||||
| General Fund | $13 | $18 | $18 | $19 | ||
| Highway Fund | $9,365 | $13,085 | $13,347 | $13,614 | ||
| Revenue | ||||||
| General Fund | ($13) | ($18) | ($18) | ($19) | ||
| Highway Fund | ($9,365) | ($13,085) | ($13,347) | ($13,614) | ||
| Other Special Revenue Funds | ($227) | ($317) | ($323) | ($330) | ||
| Fiscal Detail and Notes | ||||||
| Eliminating the 1¢ per gallon reduction in fuel taxes reimbursed will reduce Highway Fund revenue by an estimated $9,365 in fiscal year 2007-08 and $13,085 in fiscal year 2008-09 and will also result in a minor reduction of General Fund revenue. The administrative costs to Maine Revenue Services related to this bill are contingent on whether MRS must develop new forms and implement computer program enhancements. | ||||||