124th MAINE LEGISLATURE
LD 1643 LR 2521(01)
An Act To Facilitate the Involvement of the Office of the Public Advocate in the FairPoint Communications Bankruptcy Case
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Rep. Hinck of Portland
Committee: Utilities and Energy
Fiscal Note Required: Yes
             
Preliminary Fiscal Impact Statement
2009-10 2010-11 Projections 2011-12 Projections 2012-13
Appropriations/Allocations
Other Special Revenue Funds $100,000 $0 $0 $0
Revenue
Other Special Revenue Funds $100,000 $0 $0 $0
Fiscal Detail and Notes
All telecommunications entities already subject to an assessment under Maine Revised Statutes Title 35-A, Section 116, Sub-Section 8 are subjected to an additional one-time assessment on their intrastate gross operating revenues sufficient to produce $100,000.  The Office of the Public Advocate will require an allocation of $100,000 to be used for bankruptcy counsel and related costs for the FairPoint Communications bankruptcy proceedings in the United States Bankruptcy Court, Southern District of New York.