126th MAINE LEGISLATURE
LD 974 LR 1119(01)
An Act To Prevent Fraudulent Trademark Registration
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Rep. Newendyke of Litchfield
Committee: Judiciary
Fiscal Note Required: Yes
             
Preliminary Fiscal Impact Statement
FY 2013-14 FY 2014-15 Projections  FY 2015-16 Projections  FY 2016-17
Net Cost (Savings)
General Fund $67,773 $67,675 $67,675 $67,675
Appropriations/Allocations
General Fund $67,773 $67,675 $67,675 $67,675
Correctional and Judicial Impact Statements
Establishes new Class D crimes.
The collection of additional fines may also increase General Fund revenue by minor amounts.
Fiscal Detail and Notes
The Department of the Secretary of State would require a General Fund appropriation of $67,773 in fiscal year 2013-14 and $67,675 in fiscal year 2014-15 for one Paralegal position and related costs to perform internet searches and coordinate with the Attorney General's Office to determine the accuracy of information on a trademark application.
The additional costs to the Department of the Attorney General are expected to be minor and can be absorbed utilizing existing budgeted resources.