| 125th MAINE LEGISLATURE | ||||||
| LD 104 | LR 151(02) | |||||
| An Act Regarding Audits of State Agency Expenditures To Recover Overpayments and Lost Discounts | ||||||
| Fiscal Note for Bill as Amended by Committee Amendment " " | ||||||
| Committee: State and Local Government | ||||||
| Fiscal Note Required: Yes | ||||||
| Fiscal Note | ||||||
| Potential current biennium savings - Other Special Revenue
Funds Potential current biennium cost increase - Other Special Revenue Funds |
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| Fiscal Detail and Notes | ||||||
| The additional costs to the Department of Administrative and Financial Services to contract with outside auditors to recover overpayments made by all state agencies is contingent on the recovery of such payments. Any funds recovered will be deposited in the Audit Recovery Account in the State Controller's office and will be used to pay the costs of the program. If no recoveries are made, no expenditures will be incurred. The amount of net savings from the bill will depend on the results of the audit process and is not estimated at this time. | ||||||