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126th MAINE LEGISLATURE |
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LD 738 |
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LR 1375(07) |
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An Act To Promote
the Maine Economy and Support Maine's Sporting Camp Tradition |
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Fiscal Note for
Bill as Engrossed with:
C "A" (S-305)
S "A" (S-340) to C "A" (S-305) |
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Committee: Inland Fisheries and Wildlife |
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Fiscal Note |
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FY 2013-14 |
FY 2014-15 |
Projections FY 2015-16 |
Projections FY 2016-17 |
Net Cost
(Savings) |
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General Fund |
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$0 |
$0 |
$10,374 |
$10,374 |
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Revenue |
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General Fund |
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$0 |
($10,374) |
($10,374) |
($10,374) |
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Other Special Revenue Funds |
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$0 |
$88,500 |
$88,500 |
$88,500 |
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Transfers |
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General Fund |
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$0 |
$10,374 |
$0 |
$0 |
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Fiscal Detail
and Notes |
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This legislation
creates a moose hunting permit lottery system for hunting outfitters and will
result in an increase in Other Special Revenue Funds revenue of $88,500
beginning in fiscal year 2014-15 to the Department of Inland Fisheries and
Wildlife. It also reduces General Fund
revenue by $10,374 beginning in fiscal year 2014-15 from dedicating these
permit fees. |
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The bill also
includes requirements to offset the revenue loss from changes made to moose
hunting permit fees during the 2014-2015 biennium by lapsing $10,374 in
fiscal years 2013-14 and 2014-15 from the Inland Fisheries and Wildlife
Carrying Balances - General Fund account to the unappropriated surplus of the
General Fund to offset the loss in revenue .
Due to the change in the effective date of this legislation to August
1, 2014, the initial estimated revenue loss in fiscal year 2013-14 will not
occur and it is assumed that the provision to offset the revenue loss by
lapsing funds from the Inland Fisheries and Wildlife Carrying Balances -
General Fund account also will not occur in fiscal year 2013-14. The future revenue reductions from moose
hunting permit fees is not offset in the 2016-2017 biennium and future years. |
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