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130th MAINE LEGISLATURE |
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LD 950 |
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LR 1747(01) |
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An Act To Improve
Maine's Economic Development Incentives |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Sen. Bennett of Oxford |
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Committee: Taxation |
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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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$500,000 |
$500,000 |
$500,000 |
$500,000 |
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| Appropriations/Allocations |
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General Fund |
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$500,000 |
$500,000 |
$500,000 |
$500,000 |
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| Fiscal Detail
and Notes |
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This bill
includes ongoing General Fund appropriations of $500,000 per year beginning
in fiscal year 2021-22 to the Governor's Jobs Initiative Program within the
Department of Labor to be used as matching funds for worker training or
retraining in manufacturing businesses in the State. |
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