125th MAINE LEGISLATURE
LD 314 LR 737(02)
An Act To Improve Employment Opportunities for Workers in the Forest Industry
Fiscal Note for Bill as Amended by Committee Amendment "   "
Committee: Labor, Commerce, Research and Economic Development
Fiscal Note Required: Yes
             
Fiscal Note
Minor cost increase - General Fund
Minor revenue increase - General Fund
Fiscal Detail and Notes
Suspending classification of land under the Maine Tree Growth Tax Law if that land is harvested using bonded labor under the federal H2 bonded labor program or if the landowner fails to file the required notification report may result in a small increase to General Fund revenue through the assessment of additional Commercial Forestry Excise Tax.  Additional administrative costs to the Department of Conservation can be absorbed with existing staff and within existing budgeted resources.