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130th MAINE LEGISLATURE |
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LD 1733 |
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LR 2086(02) |
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An Act To Provide
Allocations for the Distribution of State Fiscal Recovery Funds |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Appropriations and Financial Affairs |
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Fiscal Note Required: Yes |
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Fiscal Note |
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FY 2021-22 |
FY 2022-23 |
Projections FY 2023-24 |
Projections FY 2024-25 |
Appropriations/Allocations |
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Federal Expenditures Fund -
ARP State Fiscal Recovery |
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$429,141,264 |
$483,753,866 |
$1,320,314 |
$302,151 |
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Transfers |
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Federal Expenditures Fund -
ARP State Fiscal Recovery |
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($80,000,000) |
$0 |
$0 |
$0 |
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Employment Security Trust
Fund |
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$80,000,000 |
$0 |
$0 |
$0 |
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Fiscal Detail
and Notes |
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This Committee
Amendment provides Federal Expenditures Fund - ARP State Fiscal Recovery
allocations totaling $429,141,264 in fiscal year 2021-22 and $483,753,866 in
fiscal year 2022-23. The amendment also authorizes a transfer of $80,000,000
from the Federal Expenditures Fund - ARP State Fiscal Recovery to the
Employment Securities Trust Fund in fiscal year 2021-22. The projected costs
for fiscal years 2023-24 and 2024-25 are related to limited-period positions
with end-dates beyond the current biennium.
The Department of Administrative and Financial Services has indicated
that these costs will be funded by planned All Other balances to be carried
over from fiscal year 2022-23. |
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