121st Maine Legislature
Office of Fiscal and Program Review
LD 472
Resolve, To Establish the Task Force To Study Regulatory Barriers to Affordable Housing
LR 0125(02)
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Business, Research and Economic Development
Fiscal Note Required: Yes
   
             
Fiscal Note
Current Costs - Legislative Study
Legislative Study
Funds are budgeted in the legislative account for the payment of per diem and expenses for legislative members of the Community Preservation Advisory Committee for the 4 authorized meetings of the committee and for the required annual report in fiscal years FY 04 and FY 05 pursuant to PL 2001, c. 648.  Because this legislation adds a requirement for submission of a report by December 10, 2003, there will be an additional unbudgeted cost to the General Fund of approximately $750 in FY 04.  This will require review and authorization by the Legislative Council for potential funding from the $30,000 budgeted in FY 04 for miscellaneous interim studies.  Any additional cost to the State Planning Office, the Department of Economic and Community Development and the Maine State Housing Authority can be absorbed utilizing existing budgeted resources.