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127th MAINE LEGISLATURE |
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LD 1606 |
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LR 2716(03) |
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An Act To Provide
Funding to the Maine Budget Stabilization Fund |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Appropriations and Financial Affairs |
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Fiscal Note Required: Yes |
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Fiscal Note |
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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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$55,500,000 |
$0 |
$0 |
$0 |
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Transfers |
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General Fund |
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($55,500,000) |
$0 |
$0 |
$0 |
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Fiscal Detail
and Notes |
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This bill
transfers $55,500,000 in fiscal year 2015-16 from the unappropriated surplus
of the General Fund to the Maine Budget Stabilization Fund and makes changes
to the year-end distribution from the unappropriated surplus of the General
Fund (the so-called cascade) for fiscal year 2015-16. |
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