124th MAINE LEGISLATURE
		LD 1786		LR 2578(02)
	An Act Regarding Energy Infrastructure Development
	Fiscal Note for Bill as Amended by Committee Amendment "   "
	Committee: Utilities and Energy
	Fiscal Note Required: Yes
Fiscal Note
			2009-10	2010-11	Projections 2011-12	Projections 2012-13
Appropriations/Allocations
	Other Special Revenue Funds		$0	$500	$500	$500
Fiscal Detail and Notes
	The Energy Independence Fund will now be referred to as the Energy Infrastructure Benefits Fund, which will receive revenue from the use of state-owned land and assets for energy infrastructure development.  Under current law all such revenue stayed with the Efficiency Maine Trust.  This bill moves 20% of the revenues collected to the Transportation Efficiency Fund within the Department of Transportation.  The bill includes a base allocation of $500 beginning in fiscal year 2010-11 to establish the Transportation Efficiency Fund, which will be used for projects that increase the efficiency of the state transportation system.  Personnel at the Efficiency Maine Trust do not anticipate that diverting 20% of these revenues away from the Trust will have a major impact on its budget.
	Any additional costs associated with serving on interagency review panels, participating in the formulation of energy infrastructure proposals or other matters can be absorbed by the Department of Transportation, the Public Utilities Commission, the Department of Environmental Protection, the Efficiency Maine Trust, the Maine Turnpike Authority and the Governor's Office of Energy Independence.