126th MAINE LEGISLATURE
LD 1229 LR 21(02)
An Act To Regulate and Tax Marijuana
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Criminal Justice and Public Safety
Fiscal Note Required: Yes
             
Fiscal Note
Current biennium cost increase - General Fund
Referendum Costs Month/Year Election Type Question Length
Nov-13 General Referendum Standard
The Secretary of State's budget includes sufficient funds to accommodate one ballot of average length for the general election in November.  If the number or size of the referendum questions requires production and delivery of a second ballot, an additional appropriation of $107,250 may be required.
Fiscal Detail and Notes
Additional costs to the Department of Administrative and Financial Services associated with developing the plan and reporting the results can be absorbed within existing budgeted resources.
If approved by the voters, legalizing and taxing the sale of marijuana will increase General Fund and Municipal Revenue Sharing revenue.  The amount of increased revenue is undetermined at this time due to the lack of specifics provided in this bill.  Maine Revenue Services will require a one-time General Fund appropriation to implement a new system for administering the taxation of marijuana.