127th MAINE LEGISLATURE
LD 586 LR 452(03)
An Act To Amend the Maine Economic Development Venture Capital Revolving Investment Program
Fiscal Note for Bill as Engrossed with:
C "A" (S-26)
Committee: Labor, Commerce, Research and Economic Development
             
Fiscal Note
No net fiscal impact
Fiscal Detail and Notes
Authorizing the Finance Authority of Maine (FAME) to transfer uncommitted funds from the Maine Economic Development Venture Capital Revolving Investment Program Fund to the Economic Recovery Program Fund, both administered by FAME, will have no net fiscal impact on the State or FAME.  The current uncommitted balance in the Maine Economic Development Venture Capital Revolving Investment Program Fund is approximately $1.6 million.