121st Maine Legislature
Office of Fiscal and Program Review
LD 650
An Act to Improve Technology Funding
LR 1009(01)
Fiscal Note for Original Bill
Sponsor: Rep. Rosen
Committee: Appropriations and Financial Affairs
Fiscal Note Required: Yes
   
             
Fiscal Note
Appropriations Net to Zero
Fiscal Detail and Notes
The Governor's proposed Current Services budget for the 2004-2005 biennium deappropriates all funding for the Maine Science and Technology Foundation and transfers the duties and responsibilities to the Department of Economic and Community Development.  If approved, the Governor's proposed budget, would appropriate $491,740 in fiscal year 2003-04 and $490,347 in fiscal year 2004-05 to the Department of Economic and Community Development for one Program Manager position and All Other to assume the duties of the Maine Science and Technology Foundation.  It is not clear whether a portion of these funds will be available for the Maine Space Grant Consortium.  If the Governor's proposed budget is approved and no funding is available for the Maine Space Grant Consortium from the appropriations provided to the Department of Economic and Community Development, the Department would require a General Fund appropriation of $100,000 in fiscal year 2003-04 and 2004-05 for this measure.