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ME LD382

ME LD382
An Act to Establish a System of Revenue Sharing for the Use and Management of Coastal Resources


summary

Introduced
02/04/2025
In Committee
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)

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)

bill text


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