122nd MAINE LEGISLATURE
		LD 2041		LR 3152(02)
	An Act To Enhance Maine's Energy Independence and Security
	Fiscal Note for Bill as Amended by Committee Amendment "   "
	Committee: Utilities and Energy
	Fiscal Note Required: Yes
Fiscal Note
					Projections	Projections
			2005-06	2006-07	2007-08	2008-09
Net Cost (Savings)
	General Fund		$0	$20,000	$0	$0
	Highway Fund		$0	($92)	$8,114	$0
Revenue
	Highway Fund		$0	($19,908)	($8,114)	$0
Transfers
	General Fund		$0	($20,000)	$0	$0
	Highway Fund		$0	$20,000	$0	$0
Current Costs - Legislative Study
Legislative Study
	The projected costs to fund the ongoing general operating expenses for four legislators to serve as members of the Maine Energy Council are $1,680 annually beginning in fiscal year 2006-07.  The Legislature's budget includes $20,000 in fiscal year 2006-07 for legislative studies and other legislative responsibilities.  Whether the amount is sufficient to fund all legislative requests will depend on the number of requests approved by the Legislative Council and the Legislature.
Fiscal Detail and Notes
	This legislation will reduce Highway Fund revenue by an estimated $19,908 in fiscal year 2006-07 as a result of the change in the special fuel tax rate.  This is offset by a $20,000 transfer from General Fund unappropriated surplus to the Highway Fund by June 30, 2007.
	The Public Utilities Commission estimates that the additional tasks resulting from this legislation will require the services of one full-time analyst position and potentially $100,000 annually in consulting services.  The Public Utilities Commission can absorb these additional costs utilizing existing budgeted resources.
	The Bureau of Motor Vehicles within the Department of the Secretary of State will be able to convene a required study group within existing budgeted resources.  The Department of Transportation, the Office of Energy Independence and Security and Maine Revenue Services will be able to participate in the study group within existing budgeted resources.