An Act To Secure Maine's Transportation Future
Maine Legislature, Session 123, LD 1790
Committee Amendment CA_A_S308 (Senate)

LD 1790 
LR 1908(02) 
An Act To Secure Maine's Transportation Future 
Fiscal Note for Bill as Amended by Committee Amendment ';A " 
Committee: Transportation 
Fiscal Note Required: Yes 
Fiscal Note 
Authorization of GAR VEE Federal Bonding 
Projections 
2007-08 
2008-09 
2009-10 
Net Cost (Savings) 
General Fund 
$0 
$11,035 
$19,101,588 
Highway Fund 
$0 
$8,276,603 
$11,614,845 
Appropriations/Allocations 
General Fund 
$0 
$0 
$.4,985,491 
Highway Fund 
$8,012,100 
$0 
($4,985,491) 
Other Special Revenue Funds 
$0 
$19,163,740 
$35,234,247 
Revenue 
General Fund 
$0 
($11,035) 
($14,116,097) 
Highway Fund 
$8,012,100 
($8,276,603) 
($16,600,336) 
Other Special Revenue Funds 
$0 
$18,970,437 
$34,445,707 
State Transit, Aviation and Rail 
$0 
$0 
$7,913,973 
Transportation Fund 
Fiscal Detail and Notes 
General Fund Appropriations 
50% funding for State Police program from 
$0 
$0 
$4,985,491 
General Fund 
LR1908(02) - Fiscal Note - Page 1 of3 
Projections 
2010-11 
$27,811,893 
$11,854,786 
$5,090,338 
($5,090,338) 
$43,774,335 
($22,721,555) 
($16,945,124) 
$42,512,564 
$9,828,177 
$5,090,338 
Projections 
Projections 
2007-08 
2008-09 
2009-10 
2010-11 
General Fund Revenue 
Transfer of sales tax revenue from automobile 
$0 
$0 
($6,261,127) 
($6,386,350) 
rentals ofless than one year to STAR 
Transportation Fund 
Transfer oftransportation-related sales tax receipts 
$0 
$0 
($8,264,228) 
($17,209,136) 
to TransCap Trust Fund and STAR Transportation 
Fund (Gross) 
Transfer of transportation-related sales tax receipts 
$0 
$0 
$429,740 
$894,875 
- Local Government Fund effect 
7.5% of gas tax revenue deposited into TransCap 
$0 
($11,035) 
($20,482) 
($20,944) 
Trust Fund 
Total General Fund Revenue 
$0 
($11,035) 
($14,116,097) 
($22,721,555) 
Highway Allocations 
50% funding for State Police program from 
$0 
$0 
($4,985,491) 
($5,090,338) 
Highway Fund 
One-time allocation to Highway and Bridge 
$8,012,100 
$0 
$0 
$0 
Improvement program from increased fees 
Total Highway Fund Allocations 
$8,012,100 
$0 
($4,985,491 ) 
($5,090,338) 
Highway Fund Revenue 
Net changes in various motor vehicle fees: 
$8,012,100 
$10,682,800 
$10,816,828 
$10,953,148 
Highway Fund revenue 
15% of certain vehicle fees to TransCap Trust 
$0 
($8,940,165) 
($9,029,567) 
($9,119,862) 
Fund 
7.5% of gas tax revenue deposited into TransCap 
$0 
($7,966,855) 
($14,787,597) 
($15,121,410) 
Trust Fund 
7.5% of special fuel tax revenue deposited into 
$0 
($2,052,383) 
($3,600,000) 
($3,657,000) 
TransCap Trust Fund 
Total Highway Fund Allocations 
$8,012,100 
($8,276,603) 
($16,600,336) 
($16,945,124) 
Other Special Revenue Funds 
Transfers to TransCap Trust Fund - MV Fees 
$0 
$8,940,165 
$9,029,567 
$9,119,862 
Transfers to TransCap Trust Fund - Sales Tax 
$0 
$0 
$7,437,805 
$15,488,223 
Transfers to TransCap Trust Fund - Gas Tax 
$0 
$8,171,192 
$15,166,875 
$15,509,250 
Transfers to TransCap Trust Fund - Spec. Fuel Tax 
$0 
$2,052,383 
$3,600,000 
$3,657,000 
Other Spec. Revenue - Gas Tax shift 
$0 
($193,302) 
($358,800) 
($366,896) 
Local Government Fund - Sales Tax 
$0 
$0 
($429,740) 
($894,875) 
Total Other Special Revenue Funds Revenue 
$0 
$18,970,437 
$34,445,707 
$42,512,564 
STAR Transportation Fund 
Transfers from Sales Tax 
$0 
$0 
$826,423 
$1,720,914 
Transfers to STAR Transportation Fund 
$0 
$0 
$7,087,550 
$8,107,263 
LR1908(02) - Fiscal Note - Page 2 of3 
Part D of this bill provides enabling legislation for GARVEE bonds for highway and bridge improvement projects and 
authorizes a GARVEE bond of up to $50 million for the 2008-2009 biennium. GARVEE bonds are a type of revenue 
bond that do not pledge the full faith and credit of the State. The principal and interest payments of these bonds are 
paid by future federal transportation grants received by the State. The Maine Municipal Bond Bank is authorized to 
assist the state in issuing the GARVEE Bonds. 
LR1908(02) - Fiscal Note - Page 3 of 3