| 122nd MAINE LEGISLATURE | |||||||||
| LD 1135 | LR 0967(01) | ||||||||
| An Act To Safeguard Federalism in Trade | |||||||||
| Fiscal Note for Original Bill | |||||||||
| Sponsor: Rep. Hutton of Bowdoinham | |||||||||
| Committee: Business, Research and Economic Development | |||||||||
| Fiscal Note Required: Yes | |||||||||
| Fiscal Note | |||||||||
| Potential current biennium cost increase - General Fund | |||||||||
| Fiscal Detail and Notes | |||||||||
| This legislation creates certain requirements regarding federal trade agreements. Appointing two legislative points of contact at the beginning of each legislative session will not result in any additional costs to the Legislature. Assuming there are limited federal requests for consent, the additional costs associated with transmitting information to the Office of the Governor, the Attorney General and all appropriate legislative committees can be absorbed by the Legislature utilizing existing budgeted resources. If there are a significant number of such requests, the Legislature may require an additional General Fund appropriation to fulfill the requirements outlined in the bill in an amount that can not be determined at this time. The additional costs associated with the notification requirements of the Department of the Attorney General can be absorbed utilizing existing budgeted resources. | |||||||||