LD 1322 LR 476(01)
An Act To Amend Provisions of the Submerged Lands Law
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Rep. Flood of Winthrop
Committee: Agriculture, Conservation and Forestry
Fiscal Note Required: Yes
Preliminary Fiscal Impact Statement
2009-10 2010-11 Projections 2011-12 Projections 2012-13
Other Special Revenue Funds $35,000 $116,000 $197,000 $280,000
Fiscal Detail and Notes
There would be increased Other Special Revenue Funds revenue of $35,000 in fiscal year 2009-10 and $116,000 in fiscal year 2010-11 as a result of amending the definition of fair market rental value and adjusting rental rates for submerged land leases.