126th MAINE LEGISLATURE
LD 458 LR 1765(01)
An Act Regarding Comparative Negligence
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Rep. Beck of Waterville
Committee: Judiciary
Fiscal Note Required: Yes
             
Preliminary Fiscal Impact Statement
Current biennium cost increase - General Fund
Current biennium cost increase - Highway Fund
Current biennium cost increase - Other Funds
Fiscal Detail and Notes
This change in the comparative negligence laws will result in higher premium payments for all state agencies.  The total annual cost is estimated to be $88,000.  The General Fund cost is estimated to be $12,733 in fiscal year 2013-14 and $28,670 in fiscal year 2014-15.  The Highway Fund cost is estimated to be $12,733 in fiscal year 2013-14 and $16,978 in fiscal year 2014-15.