124th MAINE LEGISLATURE
LD 958 LR 898(02)
An Act To Encourage Renewable Energy Investment
Fiscal Note for Bill as Amended by Committee Amendment "   "
Committee: Business, Research and Economic Development
Fiscal Note Required: Yes
             
Fiscal Note
Potential future biennium cost increase - General Fund
Fiscal Detail and Notes
This bill expands the Pine Tree Zone benefits statewide for manufacturers of component parts for renewable energy and for the production of renewal energy onshore or offshore.  This expansion may result in reductions of General Fund revenue that can not be estimated at this time. Additional costs to the Department of Economic and Community Development associated with rulemaking can be absorbed with existing budgeted resources.