127th MAINE LEGISLATURE
LD 443 LR 231(02)
An Act To Help Stabilize Homeless Shelters in Maine
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Labor, Commerce, Research and Economic Development
Fiscal Note Required: Yes
             
Fiscal Note
FY 2015-16 FY 2016-17 Projections  FY 2017-18 Projections  FY 2018-19
Net Cost (Savings)
General Fund $2,000,000 $2,000,000 $2,000,000 $2,000,000
Appropriations/Allocations
General Fund $2,000,000 $2,000,000 $2,000,000 $2,000,000
Other Special Revenue Funds $250,000 $150,000 $0 $0
Fiscal Detail and Notes
This bill includes ongoing General Fund appropriations of $2,000,000 per year beginning in fiscal year 2015-16 to the Shelter Operating Subsidy program within the Maine State Housing Authority to increase funding for homeless shelters.
This bill requires that, no later than August 31, 2015, the State Controller distribute $100,000 of the funds received from settlement agreement reached between the United States and McGraw-Hill Companies, Inc., and Standard & Poor's Financial Services LLC on February 2, 2015 and received by the State on March 10, 2015 to the Shelter Rehabilitation for Victims of Human Trafficking, Other Special Revenue Funds account within the Maine State Housing Authority for the rehabilitation of a building to be used as a shelter for victims of human trafficking.  This bill includes a one-time Other Special Revenue Funds allocation of $100,000 in fiscal year 2015-16 to the Maine State Housing Authority for that purpose.
This bill also requires that the State Controller distribute $150,000 in fiscal year 2015-16 and $150,000 in fiscal year 2016-17 from the funds received from the settlement agreement reached between the United States, McGraw-Hill Companies, Inc. and Standard & Poor's Financial Services LLC on February 2, 2015 and received by the State on March 10, 2015 to the Shelter Operations for Victims of Human Trafficking account within the Department of Health and Human Services for the operating costs of a shelter for victims of human trafficking. This bill includes Other Special Revenue Funds allocations of $150,000 in fiscal year 2015-16 and $150,000 in fiscal year 2016-17 to the Department of Health and Human Services for that purpose.