| 122nd MAINE LEGISLATURE | |||||||||
| LD 468 | LR 2149(26) | ||||||||
| An Act Making Unified Appropriations and Allocations for the Expenditures of State Government, General Fund and Other Funds, and Changing Certain Provisions of the Law Necessary to the Proper Operations of State Government for the Fiscal Years Ending June 30, 2006 and June 30, 2007 | |||||||||
| Fiscal Note for Senate Amendment " " to Committee Amendment " A" | |||||||||
| Sponsor: Sen. Rotundo | |||||||||
| Fiscal Note Required: Yes | |||||||||
| Fiscal Note | |||||||||
| Contingent on effective date | |||||||||
| 2005-06 | 2006-07 | ||||||||
| Net Cost (Savings) | |||||||||
| General Fund | $1,500,999 | $2,243,999 | |||||||
| Appropriations/Allocations | |||||||||
| General Fund | $545,600 | $618,356 | |||||||
| Revenue | |||||||||
| General Fund | ($955,399) | ($1,625,643) | |||||||
| Fiscal Detail and Notes | |||||||||
| This amendment will increase the General Fund cost of the bill by $1,500,999 in fiscal year 2005-06 and $2,243,999 in fiscal year 2006-07. Based on the estimated year-end balances, this amendment maintains a balanced budget for the 2006-2007 biennium. | |||||||||
| This amendment also removes the emergency preamble and the emergency clause of the bill, making it effective 90 days after adjournment of the 122nd Legislature's First Regular Session. If this legislation becomes effective on or before June 30, 2005 the fiscal impact is minor. If this legislation takes effect on July 1, 2005, the loss to the General Fund is estimated to be $2,291,663. If this legislation becomes effective after July 1, 2005, no spending authority will be in force from July 1, 2005 until the effective date. The fiscal impact will depend on the extent of the delay to the effective date and that fiscal impact cannot be determined at this time. | |||||||||