125th MAINE LEGISLATURE
LD 1538 LR 2112(02)
An Act To Amend the Laws Governing the Maine Turnpike Authority and To Implement Certain Recommendations of the Government Oversight Committee in the Office of Program Evaluation and Government Accountability Report Concerning the Maine Turnpike Authority
Fiscal Note for Bill as Amended by Committee Amendment "   "
Committee: Transportation
Fiscal Note Required: Yes
             
Fiscal Note
Current biennium savings - Highway Fund
Current biennium cost increase - Maine Turnpike Authority
Fiscal Detail and Notes
This legislation requires the Maine Turnpike Authority to allocate at least 5% of operating revenues, based upon a 3-year rolling average, on an annual basis for Department of Transportation-related projects.  The department and the authority will mutually agree on the projects based upon the criteria in the bill.  For the 2012-2013 biennium, the authority has projected 5% of revenues at $12.3 million and department-related projects meeting the criteria listed in the bill at $22.6 million.