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130th MAINE LEGISLATURE |
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LD 935 |
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LR 1209(01) |
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An Act To
Increase the Ability of Health Care Facilities To Respond to Health Needs by
Eliminating the Certificate of Need for Health Care Facilities |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Rep. Libby of Auburn |
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Committee: Health Coverage, Insurance and
Financial Services |
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Fiscal Note Required: Yes |
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Preliminary
Fiscal Impact Statement |
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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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$357,571 |
$356,803 |
$356,803 |
$356,803 |
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Appropriations/Allocations |
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General Fund |
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$357,571 |
$356,803 |
$356,803 |
$356,803 |
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Federal Expenditures Fund |
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$633,548 |
$634,316 |
$634,316 |
$634,316 |
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Revenue |
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Federal Expenditures Fund |
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$633,548 |
$634,316 |
$634,316 |
$634,316 |
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Fiscal Detail
and Notes |
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The Department of
Health and Human Services will require General Fund appropriations of
$357,571 in fiscal year 2021-22 and $356,803 in fiscal year 2022-23 for
additional costs due to the repeal of the requirements for a certificate of
need issued by the Department of Health and Human Services for the
establishment of new health care facilities. Federal Expenditures Fund
allocations will also be required for the FMAP match. |
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