| 125th MAINE LEGISLATURE | ||||||
| LD 41 | LR 341(01) | |||||
| An Act To Amend the Laws Governing the Maine Potato Board | ||||||
| Preliminary Fiscal Impact Statement for Original Bill | ||||||
| Sponsor: Rep. Edgecomb of Caribou | ||||||
| Committee: Agriculture, Conservation and Forestry | ||||||
| Fiscal Note Required: Yes | ||||||
| Preliminary Fiscal Impact Statement | ||||||
| FY 2011-12 | FY 2012-13 | Projections FY 2013-14 | Projections FY 2014-15 | |||
| Revenue | ||||||
| Other Special Revenue Funds | $113,899 | $136,679 | $136,679 | $136,679 | ||
| Fiscal Detail and Notes | ||||||
| Increasing the potato tax by $.01 per hundredweight will increase Other Special Revenue Funds revenue to the Maine Potato Board by $113,899 in fiscal year 2011-12 and $136,679 in fiscal year 2012-13 and beyond. The increased revenue has been projected based upon the average actual revenue collections for the last two fiscal years. | ||||||