127th MAINE LEGISLATURE
LD 1332 LR 812(04)
An Act To Attract Entrepreneurs to the State
Fiscal Note for Senate Amendment " " to Committee Amendment "A"
Sponsor: Sen. Alfond of Cumberland
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 ($150,000) ($150,000) ($150,000) ($150,000)
Appropriations/Allocations
General Fund ($150,000) ($150,000) ($150,000) ($150,000)
Fiscal Detail and Notes
This amendment reduces the General Fund appropriations in the bill by $150,000 per year in both fiscal year 2015-16 and fiscal year 2016-17.  
As amended, the bill still includes General Fund appropriations of $100,000 per year beginning in fiscal year 2015-16 to the Maine Coworking Development Program within the Department of Economic and Community Development to support collaborative workspace businesses. It also includes base allocations of $500 in fiscal year 2015-16 and $500 in fiscal year 2016-17 to establish the Maine Coworking Development Fund as a dedicated account within the department to accept contributions and grants from public and private sources.