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126th MAINE LEGISLATURE |
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LD 1154 |
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LR 919(04) |
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An Act To
Establish the Maine Length of Service Award Program |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Labor, Commerce, Research and
Economic Development |
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Fiscal Note Required: Yes |
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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 |
$217,987 |
$227,361 |
$0 |
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| Appropriations/Allocations |
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Other Special Revenue Funds |
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$0 |
$229,460 |
$239,327 |
$0 |
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| Revenue |
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General Fund |
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$0 |
($217,987) |
($227,361) |
$0 |
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Other Special Revenue Funds |
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$0 |
$217,987 |
$227,361 |
$0 |
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| Fiscal Detail
and Notes |
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Dedicating 50% of
the 5.5% sales tax revenue collected from consumer fireworks sales to the
Maine Length of Service Award Program requires a General Fund transfer of
$217,987 in FY 2014-15 and $227,361 in FY 2015-16 and a transfer from
Municipal Revenue Sharing of $11,473 in FY 2014-15 and $11,966 in FY
2015-16. The transfers will provide
$229,460 in fiscal year 2014-15 and $239,327 in fiscal year 2015-16 to the
Maine Length of Service Award Program and the bill includes an Other Special
Revenue Funds allocation of $229,460 in fiscal year 2014-15. |
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