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129th MAINE LEGISLATURE |
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LD 1998 |
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LR 3036(02) |
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An Act To Amend
the Waste Motor Oil Disposal Site Remediation Program |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Environment and Natural Resources |
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Fiscal Note Required: Yes |
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| Fiscal Note |
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FY 2019-20 |
FY 2020-21 |
Projections FY 2021-22 |
Projections FY 2022-23 |
| Appropriations/Allocations |
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Other Special Revenue Funds |
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($4,925,000) |
($5,000,000) |
($5,000,000) |
($5,000,000) |
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| Revenue |
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Other Special Revenue Funds |
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($4,925,000) |
($5,000,000) |
($5,000,000) |
($5,000,000) |
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| Transfers |
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Other Special Revenue Funds |
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$0 |
$0 |
$0 |
$0 |
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| Fiscal Detail
and Notes |
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This bill includes
Other Special Revenue Funds deallocations of $4,925,000 in fiscal year
2019-20 and $5,000,000 in fiscal year 2020-21 to the Waste Motor Oil Disposal
Site Remediation Program within the Finance Authority of Maine (FAME) due to
the repeal of the program and the premium on motor vehicle oil sold or
distributed in the State. The bill requires FAME to transfer the balance
remaining in the Waste Motor Oil Revenue Fund to the Uncontrolled Sites Fund
within the Department of Environmental Protection (DEP) by June 30, 2020,
except that FAME shall reserve $65,000 for payment due in 2020 under the
motor vehicle oil premium reimbursement program and $10,000 for the cost of
administering the fund in 2020. The amount available to transfer is estimated
to be $3,466,094. |
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