| 125th MAINE LEGISLATURE | ||||||
| LD 1038 | LR 1871(03) | |||||
| An Act Regarding Property Deposited with Museums and Historical Societies | ||||||
| Fiscal Note for
Bill as Engrossed with: C "A" (H-465) |
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| Committee: Education and Cultural Affairs | ||||||
| Fiscal Note | ||||||
| Current biennium savings - General Fund | ||||||
| Fiscal Detail and Notes | ||||||
| Reducing the amount of time that a museum must hold and care for abandoned property from 25 years to 3 years as well as increasing the value of property that requires the Museum to conduct a search for the property owners from $50 to $100 will result in moderate savings to the Maine State Museum from reduced storage, staff time, publishing, mailing and insurance costs. | ||||||