| SP0011 LD 32 |
Session - 128th Maine Legislature C "A", Filing Number S-7, Sponsored by
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LR 246 Item 2 |
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| Bill Tracking, Additional Documents | Chamber Status | ||
Amend the bill in section 1 in subsection 2 in the 3rd line (page 1, line 6 in L.D.) by striking out the following: " $2,000" and inserting the following: ' $1,500'
Amend the bill by adding after section 1 the following:
‘Sec. 2. Appropriations and allocations. The following appropriations and allocations are made.
FINANCE AUTHORITY OF MAINE
Student Financial Assistance Programs 0653
Initiative: Provides ongoing funding to increase grant awards under the Maine State Grant Program to a minimum of $1,500 per student.
| GENERAL FUND | 2017-18 | 2018-19 |
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All Other
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$2,500,000 | $2,500,000 |
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| GENERAL FUND TOTAL | $2,500,000 | $2,500,000 |
SUMMARY
This amendment is the majority report of the committee and changes the minimum grant amount under the Maine State Grant Program from $2,000 as proposed in the bill to $1,500. It also adds a $2,500,000 appropriation for fiscal year 2017-18 and fiscal year 2018-19 to fund the increase in the minimum grant amount. This amendment provides that the appropriations are ongoing.