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ME LD382
ME LD382An Act to Establish a System of Revenue Sharing for the Use and Management of Coastal Resources
summary
Introduced
02/04/2025
02/04/2025
In Committee
02/04/2025
02/04/2025
Crossed Over
Passed
Dead
Introduced Session
132nd Legislature
Bill Summary
This bill is a concept draft pursuant to Joint Rule 208. This bill would establish a fair and equitable system of revenue sharing for the commercial, industrial and recreational use and management of Maine's coastal resources that ensures a direct benefit to the communities most affected by the use of those resources and that promotes statewide economic growth. The bill would establish a standardized fee and royalty schedule for the use of those resources based on the type and scale of activities conducted and a formula for the distribution of the revenue generated, with a portion of the funds to be retained by the State to support the administration, enforcement and oversight of coastal resource activities and a portion of the funds to be distributed to affected communities and stakeholders. Under the bill, collection of established fees and royalties and distribution of that revenue would be administered and overseen by a statutorily established revenue sharing board consisting of representatives from state agencies, municipal governments and other stakeholders.
AI Summary
I apologize, but the provided XML document appears to be an incomplete or placeholder bill text. The document contains only a basic enacting clause and a "CONCEPT DRAFT" section, without substantive details about coastal resource revenue sharing. Without the actual bill text describing the proposed revenue sharing system, I cannot generate a meaningful summary. To provide a proper summary, I would need the full text of the bill that outlines the specific provisions, mechanisms for revenue sharing, and details about coastal resource management.
Committee Categories
Budget and Finance
Sponsors (7)
Joseph Martin (R)*,
Scott Cyrway (R),
Michael Lance (R),
Michael Soboleski (R),
Joseph Underwood (R),
Nathan Wadsworth (R),
Peter Wood (R),
Last Action
CARRIED OVER, in the same posture, to any special or regular session of the 132nd Legislature, pursuant to Joint Order SP 800. (on 06/25/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://legislature.maine.gov/legis/bills/display_ps.asp?LD=382&snum=132 |
BillText | https://legislature.maine.gov/legis/bills/getPDF.asp?paper=SP0148&item=1&snum=132 |
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