126th MAINE LEGISLATURE
LD 486 LR 469(01)
An Act To Provide for the Effective Marketing and Promotion of Maine Lobster
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Rep. Kruger of Thomaston
Committee: Marine Resources
Fiscal Note Required: Yes
             
Preliminary Fiscal Impact Statement
FY 2013-14 FY 2014-15 Projections  FY 2015-16 Projections  FY 2016-17
Appropriations/Allocations
Other Special Revenue Funds $1,000,000 $2,000,000 $3,000,000 $3,000,000
Revenue
Other Special Revenue Funds $1,000,000 $2,000,000 $3,000,000 $3,000,000
Fiscal Detail and Notes
This legislation increases the license surcharge fee on crab and lobster licenses and certain dealer licenses resulting in an increase in Other Special Revenue Funds revenue to the Lobster Promotion Council of $1,000,000 in fiscal year 2013-14 and $2,000,000 in fiscal year 2014-15.  The Lobster Promotion Council will require a corresponding Other Special Revenue Funds allocation in order to conduct increased marketing efforts in the lobster industry.
Additional costs to the Department of Economic and Community Development to serve on the Council can be absorbed within existing budgeted resources.