Maine House Bill LD854

Maine 2023-2024 Regular Session

• Introduced: 2/28/23
• Refer: 2/28/23
• Failed: 6/14/23

Caption

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 5¢ 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.