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127th MAINE LEGISLATURE |
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LD 1332 |
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LR 812(01) |
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An Act To Attract
Entrepreneurs to the State |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Sen. Alfond of Cumberland |
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Committee: Labor, Commerce, Research and
Economic Development |
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Fiscal Note Required: Yes |
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| Preliminary
Fiscal Impact Statement |
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FY 2015-16 |
FY 2016-17 |
Projections FY 2017-18 |
Projections FY 2018-19 |
| Net Cost
(Savings) |
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General Fund |
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$250,000 |
$250,000 |
$250,000 |
$250,000 |
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| Appropriations/Allocations |
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General Fund |
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$250,000 |
$250,000 |
$250,000 |
$250,000 |
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Other Special Revenue Funds |
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$500 |
$500 |
$500 |
$500 |
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| Fiscal Detail
and Notes |
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This bill
includes General Fund appropriations of $250,000 per year in both fiscal year
2015-16 and fiscal year 2016-17 to the Maine Coworking Development Program
within the Department of Economic and Community Development to support
collaborative workspace businesses. |
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This bill also
creates the Maine Coworking Development Fund as a dedicated fund within the
department to accept contributions and grants from public and private
sources. The fund will require Other
Special Revenue Funds base allocations of $500 in fiscal year 2015-16 and
$500 in fiscal year 2016-17 in order to receive funds from outside sources. |
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