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129th MAINE LEGISLATURE |
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LD 813 |
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LR 1038(01) |
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Resolve, To
Encourage Relocation of Working Professionals |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Sen. Chenette of York |
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Committee: Innovation, Development, Economic
Advancement and Business |
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Fiscal Note Required: Yes |
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| Preliminary
Fiscal Impact Statement |
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FY 2019-20 |
FY 2020-21 |
Projections FY 2021-22 |
Projections FY 2022-23 |
| Net Cost
(Savings) |
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General Fund |
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$187,357 |
$63,303 |
$0 |
$0 |
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| Appropriations/Allocations |
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General Fund |
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$187,357 |
$63,303 |
$0 |
$0 |
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| Fiscal Detail
and Notes |
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The Community
Development Block Grant program within the Department of Economic and
Community Development will require one-time General Fund appropriations
totaling $187,357 in fiscal year 2019-20 and $63,303 in fiscal year 2020-21
for the New Remote Worker Grant Program that begins on January 1, 2020 and
ends on December 31, 2020. Of these
amounts, $47,357 and $53,303 in fiscal years 2019-20 and 2020-21,
respectively, are provided for one limited-period Development Program Manager
position and related All Other costs to design and implement the one-year
pilot program to encourage remote workers to relocate to the State. General Fund appropriations of $140,000 in
fiscal year 2019-20 and $10,000 in fiscal year 2020-21 are provided for
marketing and for grants to reimburse certified relocation costs. |
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