LD 1406 LR 847(02)
An Act To Encourage Relocation to Rural Maine
Fiscal Note for Bill as Amended by Committee Amendment "A"
Committee: Taxation
Fiscal Note Required: Yes
Fiscal Note
FY 2021-22 FY 2022-23 Projections  FY 2023-24 Projections  FY 2024-25
Net Cost (Savings)
General Fund $0 $100,000 $100,000 $100,000
General Fund $0 $100,000 $100,000 $100,000
Fiscal Detail and Notes
This bill includes ongoing General Fund appropriations of $100,000 per year beginning in fiscal year 2022-23 to the Business Development program within the Department of Economic and Community Development to provide funds to regional community and economic development organizations that serve rural regions of the State for the purpose of providing grants of up to $1,000 per year to individuals who have moved into a rural region of the State from outside of the State to cover the cost of obtaining broadband services in a rural area for up to 5 years.