LD 58 LR 56(01)
An Act To Require Transparency of the Ownership of All Companies Providing Funds To Build Infrastructure for Development Purposes
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Rep. Longstaff of Waterville
Committee: Judiciary
Fiscal Note Required: Yes
Preliminary Fiscal Impact Statement
Potential current biennium cost increase - Highway Fund
Fiscal Detail and Notes
This legislation could lead to increased construction costs if business partners decide not to participate in the business partnership initiative because of the ownership disclosure requirement and the full cost of the project is left to the state or municipality.