LD 1159 LR 631(01)
An Act Relating to Industrial Hemp
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Rep. Welsh of Rockport
Committee: Agriculture, Conservation and Forestry
Fiscal Note Required: Yes
Preliminary Fiscal Impact Statement

2009-10 2010-11 Projections 2011-12 Projections 2012-13
Net Cost (Savings)
General Fund $18,287 $51,420 $51,420 $51,420
General Fund $18,437 $51,570 $51,570 $51,570
General Fund $150 $150 $150 $150
Correctional and Judicial Impact Statements
Decreases the number of Class D and Class E crimes; decreases correctional and judicial costs.
A reduction in fines will decrease General Fund revenue by minor amounts.
Fiscal Detail and Notes
The Department of Agriculture, Food and Rural Resources will require a General Fund appropriation of $18,437 in fiscal year 2009-10 and $51,570 in fiscal year 2010-11 for one half-time Certified Seed Specialist and related administrative costs to conduct testing and supervise the growth and harvest of industrial hemp.  Fees assessed to growers of industrial hemp are estimated to increase General Fund revenues by $150 annually beginning in fiscal year 2009-10.