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130th MAINE LEGISLATURE |
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LD 492 |
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LR 355(02) |
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An Act To Create a
Regional Grant Program To Help Rural Businesses Find Qualified Staff |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Innovation, Development, Economic
Advancement and Business |
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Fiscal Note Required: Yes |
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| Fiscal Note |
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FY 2021-22 |
FY 2022-23 |
Projections FY 2023-24 |
Projections FY 2024-25 |
| Net Cost
(Savings) |
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General Fund |
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$200,000 |
$300,000 |
$0 |
$0 |
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| Appropriations/Allocations |
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General Fund |
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$200,000 |
$300,000 |
$0 |
$0 |
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Other Special Revenue Funds |
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$500 |
$500 |
$500 |
$500 |
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| Fiscal Detail and
Notes |
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This bill includes
one-time General Fund appropriations of $200,000 in fiscal year 2021-22 and
$300,000 in fiscal year 2022-23 to a newly created Rural Workforce
Recruitment and Retention Grant Fund within the Department of Economic and
Community Development to provide grants for local economic development
initiatives in rural regions of the State.
This bill also includes Other Special Revenue Funds base allocations
of $500 per year beginning in fiscal year 2021-22 to authorize the
expenditure of any funds received for the program from outside sources. |
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