128th MAINE LEGISLATURE
		LD 1651		LR 2425(01)
	An Act To Delay Further the Implementation of Certain Portions of the Marijuana Legalization Act
	Preliminary Fiscal Impact Statement for Original Bill
	Sponsor: Rep. Fredette of Newport
	Committee: Not Referred
	Fiscal Note Required: Yes
Preliminary Fiscal Impact Statement
			FY 2017-18	FY 2018-19	Projections  FY 2019-20	Projections  FY 2020-21
Net Cost (Savings)
	General Fund		$2,254,000	$10,486,000	$4,465,000	($1,615,000)
Revenue
	General Fund		($2,254,000)	($10,486,000)	($4,465,000)	$1,615,000
	Other Special Revenue Funds		($46,000)	($214,000)	($235,000)	$85,000
Fiscal Detail and Notes
	This bill further delays, until January 1, 2019, the effective date of those provisions of the Marijuana Legalization Act that were delayed until February 1, 2018 by Public Law 2017, chapter 1. Assuming sales will then not begin until July 1, 2019, General Fund revenue from the tax on marijuana sales will be reduced by $2,254,000 in fiscal year 2017-18 and by $10,486,000 in fiscal year 2018-19. Local Government Fund revenue would be reduced by $46,000 in fiscal year 2017-18 and by $214,000 in fiscal year 2018-19.
	To date no additional funding for expenditures related to the implementation of the Marijuana Legalization Act (MLA)  has been provided. This bill will delay the need for that funding and additional legislation will still be required to fund the establishment of a regulated marketplace in the State for the adult use of marijuana under the Marijuana Legalization Act.