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130th MAINE LEGISLATURE |
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LD 1246 |
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LR 1616(01) |
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Resolve, To Study
Best Practices and Different Area Needs for Development of Affordable Homes
and Expanding Home Ownership in Maine Communities |
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Preliminary Fiscal
Impact Statement for Original Bill |
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Sponsor: Rep. Gere of Kennebunkport |
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Committee: Labor and Housing |
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Fiscal Note Required: Yes |
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Preliminary
Fiscal Impact Statement |
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Legislative Cost/Study
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Legislative
Cost/Study |
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The general
operating expenses of this study are projected to be $2,625 in fiscal year
2021-22 and $1,375 in fiscal year 2022-23. The Legislature’s budget for the
2022-2023 biennium includes $10,000 in fiscal year 2021-22 and $10,000 in
fiscal year 2022-23 for the costs of legislative studies, as well as $21,260
of balances carried over from prior years for this purpose. Whether these
amounts are sufficient to fund all studies will depend on the number of
studies authorized by the Legislative Council and the Legislature. The
additional costs of providing staffing assistance to the study during the
interim can be absorbed utilizing existing budgeted staff resources. |
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Fiscal Detail
and Notes |
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Any additional
costs to the Department of Health and Human Services to be a member of the
Commission to Study Best Practices and Different Area Needs for Development
of Affordable Homes and Expanding Home Ownership in Maine Communities are
expected to be minor and can be absorbed within existing budgeted
resources. Additional costs to the
Maine State Housing Authority to provide assistance to the commission can be
absorbed within existing budgeted resources. |
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