LD 222 LR 1602(01)
An Act To Reduce Commercial Shellfish License Fees for Persons under 18 Years of Age
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Rep. Tuell of East Machias
Committee: Marine Resources
Fiscal Note Required: Yes
Preliminary Fiscal Impact Statement
FY 2015-16 FY 2016-17 Projections  FY 2017-18 Projections  FY 2018-19
Net Cost (Savings)
General Fund $4,136 $4,136 $4,136 $4,136
General Fund ($4,136) ($4,136) ($4,136) ($4,136)
Other Special Revenue Funds ($550) ($550) ($550) ($550)
Fiscal Detail and Notes
The bill reduces the cost of a commercial shellfish license from $133 to $67 for applicants under 18 years of age. This will reduce revenue to the General Fund and to the Shellfish Fund account within the Department of Marine Resources by $4,136 and $550, respectively, in fiscal year 2015-16 and in every subsequent fiscal year.