128th MAINE LEGISLATURE
LD 1217 LR 2258(01)
An Act To Implement the Recommendations of the Government Oversight Committee To Improve the Efficiency and Effectiveness of Evaluations of the State's Investments in Economic Development
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Rep. Mastraccio of Sanford
Committee: Labor, Commerce, Research and Economic Development
Fiscal Note Required: Yes
             
Preliminary Fiscal Impact Statement
FY 2017-18 FY 2018-19 Projections  FY 2019-20 Projections  FY 2020-21
Appropriations/Allocations
Other Special Revenue Funds ($200,000) ($200,000) ($200,000) ($200,000)
Fiscal Detail and Notes
The Maine Research and Development Evaluation Fund within the Department of Economic and Community Development will require Other Special Revenue Funds deallocations of $200,000 per year beginning in fiscal year 2017-18 as a result of the Fund being repealed in this legislation.
Additional costs to the Department of Economic and Community Development to implement the provisions in this legislation can be absorbed within existing budgeted resources.