128th MAINE LEGISLATURE
LD 1164 LR 1537(01)
An Act To Facilitate Small Loans in Maine
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Sen. Cushing of Penobscot
Committee: Insurance and Financial Services
Fiscal Note Required: No
             
Preliminary Fiscal Impact Statement
Minor cost increase - Other Special Revenue Funds
Minor revenue increase - Other Special Revenue Funds
Fiscal Detail and Notes
Any additional costs to the Department of Professional and Financial Regulation from the implementation of the provisions of this bill are expected to be minor and can be absorbed within existing budgeted resources. The bill may encourage additional small loan providers, which would increase fee revenue to the department by a minor amount.