122nd MAINE LEGISLATURE
LD 1855 LR 3002(02)
An Act To Establish the Securities Investor Education and Training Fund
Fiscal Note for Bill as Amended by Committee Amendment "   "
Committee: Insurance and Financial Services
Fiscal Note Required: Yes
   
             
Fiscal Note
Projections Projections
2005-06 2006-07 2007-08 2008-09
Appropriations/Allocations
Other Special Revenue Funds $0 $20,000 $20,000 $20,000
Revenue
Other Special Revenue Funds $0 $20,000 $20,000 $20,000
Fiscal Detail and Notes
Assumes the Office of Securities in the Department of Professional and Financial Regulation will collect an estimated $20,000 in grants or donation funds to be deposited in the new Securities Investor Education and Training Fund.  The bill includes an allocation of these funds for the development and implementation of investor education initiatives to inform the public about investing in securities.