121st Maine Legislature
Office of Fiscal and Program Review
LD 1939
An Act To Decrease Insurance Fraud in This State
LR 2673(01)
Fiscal Note for Original Bill
Sponsor: Rep. Bunker of Kossuth Township
Committee: Insurance and Financial Services
Fiscal Note Required: Yes
   
             
Fiscal Note
Projections Projections
2003-04 2004-05 2005-06 2006-07
Appropriations/Allocations
Other Special Revenue Funds $0 $370,947 $357,747 $357,747
Revenue
Other Special Revenue Funds $0 $370,947 $357,747 $357,747
Fiscal Detail and Notes
The fiscal note assumes the new Insurance Fraud Investigative Unit in the Bureau of Insurance will require the creation and funding of two Fraud Investigator positions and one Attorney position in the Bureau, and assumes funding to cover the expenses of one Assistant Attorney General.  Assessment revenue authorized in the bill will generate sufficient revenue to fund the new Unit.