LD 160 LR 1069(02)
An Act To Prohibit the Mining of Massive Sulfide Ore Deposits under the Maine Metallic Mineral Mining Act
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Environment and Natural Resources
Fiscal Note Required: Yes
Fiscal Note
Potential current biennium revenue decrease - Other Special Revenue Funds
Potential future biennium savings - Other Special Revenue Funds
Fiscal Detail and Notes
The bill would prohibit the Department of Environmental Protection (DEP) from issuing a permit for metallic mineral mining under the Maine Metallic Mineral Mining Act by repealing the statute. The repeal would eliminate any potential permit fee revenue from accruing to the Metallic Mining Fund within the DEP.  The repeal would also generate savings from elimination of any costs associated with the DEP's permitting process.