125th MAINE LEGISLATURE
		LD 1507		LR 2119(02)
	An Act Regarding Service Contracts
	Fiscal Note for Bill as Amended by Committee Amendment "   "
	Committee: Insurance and Financial Services
	Fiscal Note Required: Yes
Fiscal Note
			FY 2011-12	FY 2012-13	Projections  FY 2013-14	Projections  FY 2014-15
Appropriations/Allocations
	Other Special Revenue Funds		$30,380	$44,630	$46,974	$49,460
Revenue
	Other Special Revenue Funds		$30,380	$44,630	$46,974	$49,460
Correctional and Judicial Impact Statements
	Establishes new civil violations. The collection of additional fines may also increase General Fund revenue by minor amounts.
Fiscal Detail and Notes
	Provides the Bureau of Insurance in the Department of Professional and Financial Regulation with an Other Special Revenue Funds allocation of $27,221 in 2011-12 and $40,618 in 2012-13 for the costs of one half-time Assistant Insurance Analyst position and related costs to review service contract provider or administrator initial and renewal registrations. Also provides the Administrative Services Division in the Department of Professional and Financial Regulation with an Other Special Revenue Funds allocation of $3,159 in 2011-12 and $4,012 in 2012-13 for this purpose.  The bill establishes a service contract provider or administrator annual registration fee of $200 to cover these costs.