123rd MAINE LEGISLATURE
LD 2189 LR 2752(01)
An Act To Protect Homeowners from Equity Stripping during Foreclosure
Fiscal Note for Original Bill
Sponsor: Rep. Priest of Brunswick
Committee: Insurance and Financial Services
Fiscal Note Required: No
             
Fiscal Note
Minor cost increase - General Fund
Minor cost increase - Other Special Revenue Fund
Minor revenue increase - General Fund
Correctional and Judicial Impact Statements
Establishes new civil violations and Class E crimes.  Increases the number of civil suits.  The collection of additional fines and filing fees may also increase General Fund revenue by minor amounts.
Fiscal Detail and Notes
Any additional costs to the Bureau of Consumer Credit Protection within the Department of Professional and Financial Regulation can be absorbed by the bureau utilizing existing budgeted resources.