131st MAINE LEGISLATURE
LD 262 LR 1227(02)
An Act to Strengthen Maine's Workforce
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Innovation, Development, Economic Advancement and Business
Fiscal Note Required: Yes
             
Fiscal Note
FY 2023-24 FY 2024-25 Projections  FY 2025-26 Projections  FY 2026-27
Net Cost (Savings)
General Fund $0 $500,000 $250,000 $250,000
Appropriations/Allocations
General Fund $0 $500,000 $250,000 $250,000
Fiscal Detail and Notes
This bill includes General Fund appropriations totaling $500,000 in fiscal year 2024-25 to the Maine Development Foundation to restore match funding for private contributions to support the foundation's economic, workforce and community development initiatives across Maine.  Of this amount, $250,000 is appropriated on a one-time basis and $250,000 is appropriated on an ongoing basis.