| 121st Maine Legislature | |||||||
| Office of Fiscal and Program Review | |||||||
| LD 290 | |||||||
| An Act To Ensure That Title Applications are Timely Delivered | |||||||
| LR 1113(02) | |||||||
| Fiscal Note for Bill as Amended by Committee Amendment " " | |||||||
| Committee: Transportation | |||||||
| Fiscal Note Required: Yes | |||||||
| Fiscal Note | |||||||
| Projections | Projections | ||||||
| 2003-04 | 2004-05 | 2005-06 | 2006-07 | ||||
| Net Cost (Savings) | |||||||
| Highway Fund | ($34,013) | ($45,350) | ($45,350) | ($45,350) | |||
| Revenue | |||||||
| Highway Fund | $34,013 | $45,350 | $45,350 | $45,350 | |||
| Fiscal Detail and Notes | |||||||
| Changing the penalty for the late filing of motor vehicle title applications will increase Highway Fund revenues collected by the Bureau of Motor Vehicles within the Department of the Secretary of State. The estimated revenue increases are $34,013 and $45,350 in fiscal years 2003-04 and 2004-05, respectfully. | |||||||