128th MAINE LEGISLATURE
LD 1507 LR 1018(04)
An Act To Establish a Student Loan Bill of Rights To License and Regulate Student Loan Servicers
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Insurance and Financial Services
Fiscal Note Required: Yes
             
Fiscal Note
FY 2017-18 FY 2018-19 Projections  FY 2019-20 Projections  FY 2020-21
Appropriations/Allocations
Other Special Revenue Funds $0 $2,500 $2,500 $2,500
Revenue
Other Special Revenue Funds $0 $2,500 $2,500 $2,500
Fiscal Detail and Notes
The bill includes Other Special Revenue Funds allocations to the Department of Professional and Financial Regulation of $2,500 beginning in fiscal year 2017-18 for additional printing, copying and postage. The increased revenue will come from new license and investigation fees. Anticipated revenue is based on an estimated licensing pool of 12.