LD 1106 LR 1185(02)
RESOLUTION, Proposing an Amendment to the Constitution of Maine To Dedicate All Sales Taxes from All Vehicle Sales and Any Vehicle-related Sales to the Highway Fund for Roads and Bridge Capital Improvements
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Taxation
Fiscal Note Required: Yes
Fiscal Note
Potential current biennium revenue decrease - General Fund
Potential current biennium revenue increase - Highway Fund
Referendum Costs Month/Year Election Type Question Length
Nov-17 General Referendum Standard
The Secretary of State's budget includes sufficient funds to accommodate one ballot of average length for the general election in November.  If the number or size of the referendum questions requires production and delivery of a second ballot, an additional appropriation of $107,250 may be required.
Fiscal Detail and Notes
If this legislation is passed by the voters in the November 2018 general election it would increase Highway Fund revenue and decrease General Fund revenue by an estimated $230 million annually.