122nd MAINE LEGISLATURE
LD 1871 LR 3061(04)
Resolve, Authorizing the Commissioner of Administrative and Financial Services To Convey the Department of Labor Building at 19 Union Street in Augusta
Fiscal Note for Senate Amendment "   "
Sponsor: Sen. Schneider
Fiscal Note Required: Yes
   
             
Fiscal Note
Use of General Fund Reserves
Fiscal Detail and Notes
This legislation authorizes the purchase of the Department of Labor building from the United States Department of Labor by the Department of Administrative and Financial Services utilizing funding from the Capital Construction and Improvements Reserve Fund .  No more than $1.8 million may be used from the fund to purchase this property.  Currently,  there are no funds available in the Capital Construction and Improvements Reserve Fund and the availability of $1.8 million is contingent on at least this much being transferred into the fund from unappropriated surplus at year end pursuant to chapter 519, PL of 2005.