An Act to Fund the Protection and Restoration of Riparian and Estuarine Ecosystems and to Impose an Excise Tax on Certain Bottled Water Operators
Impact
The implementation of LD854 would mandate that bottled water operators report their water extraction monthly and pay the corresponding excise tax. The revenue raised would significantly contribute to initiatives aimed at preserving essential waterways and habitats, thereby supporting both ecological health and community well-being. The legislation reflects a broader commitment by the state to enhance environmental protections while recognizing the economic role of the bottled water industry.
Summary
LD854, titled 'An Act to Fund the Protection and Restoration of Riparian and Estuarine Ecosystems and to Impose an Excise Tax on Certain Bottled Water Operators', seeks to impose a 5ยข excise tax on bottled water operators extracting over 1,500,000 gallons of water annually. The revenue generated from this tax is earmarked for the Land for Maine's Future Fund, which is responsible for acquiring, restoring, and protecting vital riparian and estuarine lands throughout the state. The bill aims to bolster efforts to safeguard aquatic ecosystems essential for both human and natural communities.
Sentiment
The sentiment surrounding LD854 has proven to be mixed. Proponents highlight the positive environmental impact and the necessity of funding conservation efforts, arguing that the excise tax is a fair measure considering the diminishing resources and ecological pressures on Maine's waterways. On the contrary, some industry stakeholders express concerns about the additional financial burden this tax may impose on bottled water operations, potentially impacting the market and prices for consumers.
Contention
Notable points of contention include the balance between environmental conservation and economic activity, as critics argue that the bill may dissuade commercial water extraction operations in the state. Additionally, discussions have revolved around the effectiveness of the excise tax in generating sufficient funding and the concern that it could set a precedent for more extensive state regulation over natural resource utilization in the future.
Providing for protection of existing riparian buffers, for restoration of impaired riparian buffers, for exemptions, for municipal authority, for powers and duties of Department of Environmental Protection, for property inspections, for delegation to a municipality, for municipal action appeals, for penalties, civil action and liability for costs and for effect on other Commonwealth laws or regulations and municipal ordinances.
A bill for an act relating to surface water quality by requiring the establishment and maintenance of riparian protection measures, providing for financing, and providing penalties.
A bill for an act relating to surface water quality by requiring the establishment and maintenance of riparian protection measures, providing for financing, and providing penalties.