128th MAINE LEGISLATURE
LD 1879 LR 2946(01)
An Act To Enhance and Increase the Availability of Mental Health Providers in Maine
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Rep. Handy of Lewiston
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
Net Cost (Savings)
General Fund $1,000,000 $1,000,000 $1,000,000 $1,000,000
Appropriations/Allocations
General Fund $1,000,000 $1,000,000 $1,000,000 $1,000,000
Fiscal Detail and Notes
This bill includes ongoing General Fund appropriations of $1,000,000 per year beginning in fiscal year 2017-18 to a newly created Maine Mental Health Providers Loan Repayment Fund within the Finance Authority of Maine as part of a new Maine Mental Health Providers Loan Repayment Program established to provide up to 3 qualified applicants with $5,000 per year for a period of 5 years to assist the applicant in the repayment of student loans.