128th MAINE LEGISLATURE
LD 1506 LR 1806(05)
An Act To Amend the Usage and Consumer Protections of Guaranteed Asset Protection Waivers
Fiscal Note for Bill as Engrossed with:
C "A" (S-142)
S "A" (S-154) to C "A" (S-142)
Committee: Insurance and Financial Services
             
Fiscal Note
Minor cost increase - General Fund
Minor revenue increase - General Fund
Minor cost increase - Other Special Revenue Funds
Correctional and Judicial Impact Statements
Increases the number of civil suits.
The collection of additional filing fees may also increase General Fund revenue by minor amounts.
Fiscal Detail and Notes
Any additional costs to the Department of Professional and Financial Regulation to adopt the changes in this bill are expected to be minor and can be absorbed within existing budgeted resources.