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130th MAINE LEGISLATURE |
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LD 1978 |
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LR 2617(02) |
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An Act To Promote
Home Ownership by Reducing Education Debt |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Innovation, Development, Economic
Advancement and Business |
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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 |
Net Cost
(Savings) |
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General Fund |
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$0 |
$10,000,000 |
$0 |
$0 |
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Appropriations/Allocations |
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General Fund |
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$0 |
$10,000,000 |
$0 |
$0 |
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Fiscal Detail
and Notes |
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This bill
includes a one-time General Fund appropriation of $10,000,000 in fiscal year
2022-23 to the Housing Authority - State program within the Maine State
Housing Authority for mortgages and student debt forgiveness for eligible
first-time home buyers with existing student loan debt. |
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