123rd MAINE LEGISLATURE
LD 2226 LR 3400(02)
An Act To Amend the Laws Governing the State's Cash Investment Policies
Fiscal Note for Bill as Amended by Committee Amendment "     "
Committee: Appropriations and Financial Affairs
Fiscal Note Required: Yes
             
Fiscal Note
2007-08 2008-09 Projections 2009-10 Projections 2010-11
Net Cost (Savings)
General Fund $0 $724 $724 $724
Highway Fund $0 $6,552 $6,552 $6,552
Revenue
General Fund $0 ($724) ($724) ($724)
Highway Fund $0 ($6,552) ($6,552) ($6,552)
Fiscal Detail and Notes
Changing the laws governing the State's Cash Investment Policies will result in a reduction of revenue to the General Fund of $724 annually beginning in fiscal year 2008-09 and a reduction of Highway Fund revenue of $6,552 annually beginning in fiscal year 2008-09.