| 124th MAINE LEGISLATURE | ||||||
| LD 1774 | LR 2570(03) | |||||
| An Act To Strengthen Collection of Unredeemed Beverage Container Deposits | ||||||
| Fiscal Note for Bill as Amended by Committee Amendment " " | ||||||
| Committee: Business, Research and Economic Development | ||||||
| Fiscal Note Required: Yes | ||||||
| Fiscal Note | ||||||
| 2009-10 | 2010-11 | Projections 2011-12 | Projections 2012-13 | |||
| Net Cost (Savings) | ||||||
| General Fund | $0 | $29,700 | $29,700 | $29,700 | ||
| Revenue | ||||||
| General Fund | $0 | ($29,700) | ($29,700) | ($29,700) | ||
| Other Special Revenue Funds | $0 | ($2,700) | ($2,700) | ($2,700) | ||
| Fiscal Detail and Notes | ||||||
| Exempting wine distributors that are not participants in co-mingling agreements from the laws governing unclaimed deposits of beverage containers would reduce General Fund revenue by $29,700 annually beginning in fiscal year 2010-11. | ||||||
| This legislation would also result in a $2,700 reduction in Other Special Revenue Funds revenue to the Department of Agriculture, Food and Rural Resources beginning in fiscal year 2010-11 as wine distributors would not be required to be licensed as initiators of deposit. | ||||||