130th MAINE LEGISLATURE
LD 266 LR 882(03)
An Act To Create the Maine Lighthouse Trust Registration Plate
Fiscal Note for Bill as Engrossed with:
C "A" (S-30)
Committee: Transportation
             
Fiscal Note
FY 2021-22 FY 2022-23 Projections  FY 2023-24 Projections  FY 2024-25
Net Cost (Savings)
Highway Fund ($9,880) ($18,454) ($20,343) ($21,965)
Appropriations/Allocations
Other Special Revenue Funds $63,787 $32,671 $37,124 $40,905
Revenue
Highway Fund $9,880 $18,454 $20,343 $21,965
Other Special Revenue Funds $12,650 $35,938 $40,836 $44,996
Fiscal Detail and Notes
The bill proposes the Maine Lighthouse Trust specialty registration plate.  The bill includes a one time Other Special Revenue Funds allocation of $52,287 to the Department of Secretary of State in fiscal year 2021-22 to manufacture the plates.  The bill also includes an Other Special Revenue Funds allocation of $11,500 and 32,671, respectively, in fiscal years 2021-22 and 2022-23 to the Department to remit funds to the Maine Lighthouse Trust.  Highway Fund revenues would be increased by $9,880 and $18,454, respectively, in fiscal years 2021-22 and 2022-23 and Other Special Revenue Funds revenues would be increased by $12,650 and $35,938, respectively, in fiscal years 2021-22 and 2022-23.