An Act To Provide for the Assessment of the Mahogany Quahog Resource LR 2613(02)
Maine Legislature, Session 121, LD 1749
Committee Amendment CA_A_H769 (House)
Amends: 12 MRSA §6731-A

COMMITTEE AMENDMENT "A" to H.P. 1271, L.D. 
Act To Provide for the Assessment of the Mahogany 
1749, Bi 11 , " An 
Quahog Resource" 
Amend the bill by inserting after section 1 the following: 
I Sec. 2. 12 MRSA §6731-A, sub-§6 is enacted to read: 
6. 
Stock assessment 
and 
report. 
The 
department 
shall 
conduct 
stock 
assessments 
of 
the 
mahogany 
quahog 
resource 
beginning no later than January L 
2005. 
The department shall 
report 
biennially 
to 
the 
joint 
standing 
committee 
of 
the 
Legislature having jurisdiction over marine resources matters on 
the progress of the stock assessment and the status of the 
Mahogany Ouahog Monitoring Fund starting on January 1, 2006. I 
Further amend the bill in section 2 by striking out all of 
that part designated "§4718." and inserting in its place the 
following: 
I §4718. 
Contributions; Mahogany Quahog Monitorinq Fund 
The State Tax Assessor shall determine annually the total 
amount of tax revenue collected under this chapter. 
";i;he Until 
June 30, 2004, the State Tax Assessor shall deduct the cost of 
administering the mahogany quahog tax from those revenues and 
report the remainder to the Treasurer of State, who shall credit 
that 
amount 
to 
the 
";i;sHiB 
Mahogany 
Quahog 
Monitoring 
Fund 
established in Title 12, section 6731-A, subsection 5, except 
that not more than $56,000 may be credited to the fund in any 
year. 
ReveBHes Until June 30, 2004, revenues collected that are 
in excess of $56,000 must be credited to the General Fund. 
Page l-LR2613(2) 
COMMITTEE AMENDMENT 
".",. 
COMMITTEE AMENDMENT "~,, to H.P. 1271, L.D. 1749 
Beginning July 1, 2004, the State Tax Assessor shall deduct 
the cost of administering the mahogany quahog tax from those 
revenues and report the remainder to the Treasurer of State, who 
shall credit 58~ of that amount or $56,000, whichever is greater, 
to the Mahogany OUahog Monitoring Fund established in Title 12, 
section 673l-A, 
subsection 
and 
42~ or 
the 
remainder, 
as 
applicable, to the General Fund.' 
Further amend the bill by 
nonconsecutive 
Part 
letter 
consecutively. 
relettering 
or 
section 
SUMMARY 
or renumbering any 
number 
to 
read 
This amendment provides that, beginning July 1, 2004, 
58~ of 
the total revenue from the $1.20 per bushel fee for mahogany 
quahogs or $56,000, whichever is greater, must be credited to the 
Mahogany Quahog Monitoring Fund and 
42~ or the remainder, 
as 
applicable, to the General Fund. 
It also requires the Department 
of Marine Resources to conduct mahogany quahog stock assessments 
starting no later than January 1, 2005 and to report biennially 
to 
the 
joint 
standing 
committee 
of 
the 
Legislature 
having 
jurisdiction over marine resources matters on the progress of the 
stock 
assessments 
and 
the 
status 
of 
the 
Mahogany 
Quahog 
Monitoring Fund starting January 1, 2006. 
FISCAL NOTE REQUIRED 
(See attached) 
COMMITTEE AMENDMENT 
Approved: 03/05/04 ;t.p'ae 
Office of Fiscal and Program Review 
LD 1749 
An Act To Provide for the Assessment of the Mahogany Quahog 
Resource 
LR 2613(02) 
Fiscal Note for Bill as Amended by Committee Amendment" " 
Committee: Marine Resources 
Fiscal Note Required: Yes 
Fiscal Note 
Minor cost increase - Other Special Revenue funds 
LR2613(2) - Fiscal Note - Page 1 of 1