127th MAINE LEGISLATURE
		LD 1406		LR 2035(02)
	An Act To Implement the Recommendations of the Commission To Study College Affordability and College Completion
	Fiscal Note for Bill as Amended by Committee Amendment " "
	Committee: Education and Cultural Affairs
	Fiscal Note Required: Yes
Fiscal Note
Legislative Cost/Study
			FY 2015-16	FY 2016-17	Projections  FY 2017-18	Projections  FY 2018-19
Appropriations/Allocations
	Other Special Revenue Funds		$3,750	$0	$0	$0
Fiscal Detail and Notes
	The bill includes an Other Special Revenue Funds allocation to the Legislature of $3,750 in fiscal year 2015-16 for the one-time costs of the per diem for 7 Legislators and expenses of the Task Force to Study College Attainment and Degree Completion Goals. The bill requires the task force seek outside funding to fully fund all costs of the task force and prohibits the task force from meeting or incurring expenses if sufficient funding has not been received within 30 days of the effective date of the bill.
	Additional costs to the Finance Authority of Maine, the University of Maine System, the Maine Community College System, Maine Maritime Academy, the Department of Education, the Department of Economic and Community Development and the Department of Labor to implement the requirements of this legislation can be absorbed within existing budgeted resources.