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130th MAINE LEGISLATURE |
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LD 1554 |
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LR 1670(06) |
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An Act To Provide
Climate Change Transition Assistance for Maine's Energy-intensive Businesses |
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Fiscal Note for
Bill as Engrossed with:
C "A" (H-510)
S "A" (S-618) to C "A" (H-510) |
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Committee: Energy, Utilities and Technology |
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| Fiscal Note |
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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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$0 |
$500,000 |
$0 |
$0 |
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| Appropriations/Allocations |
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General Fund |
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$0 |
$500,000 |
$0 |
$0 |
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| Fiscal Detail
and Notes |
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This bill directs
the Efficiency Maine Trust (EMT) to establish an industrial climate
transition initiative to develop and support climate change mitigation
strategies designed to reduce greenhouse gas emissions at industrial
facilities in the State. The bill includes a General Fund appropriation of
$500,000 in fiscal year 2022-23 to the EMT to be deposited in the Regional
Greenhouse Gas Initiative Trust Fund within the EMT to fund the establishment
and activities of the industrial climate transition initiative. |
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