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130th MAINE LEGISLATURE |
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LD 857 |
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LR 1810(02) |
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An Act To Create
a Municipal Grant Program To Promote Sustainable Economic Development |
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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 |
Appropriations/Allocations |
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Federal Expenditures Fund |
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$500 |
$500 |
$500 |
$500 |
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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 Other Special Revenue Funds and Federal Expenditures Fund base
allocations of $500 per year beginning in fiscal year 2021-22 to a newly
established Municipal Grant Fund within the Department of Economic and
Community Development, Office of Community Development, to authorize
expenditures in the event that funds are received from private or federal
sources to provide funding to municipalities for projects that further the
goals of sustainable economic development. |
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