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127th MAINE LEGISLATURE |
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LD 58 |
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LR 56(01) |
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An Act To Require
Transparency of the Ownership of All Companies Providing Funds To Build
Infrastructure for Development Purposes |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Rep. Longstaff of Waterville |
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Committee: Judiciary |
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Fiscal Note Required: Yes |
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Preliminary
Fiscal Impact Statement |
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Potential current biennium cost increase - Highway Fund |
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Fiscal Detail
and Notes |
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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. |
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