131st MAINE LEGISLATURE
LD 284 LR 1254(02)
An Act to Implement the Recommendations of the Maine Workforce, Research, Development and Student Achievement Institute
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Innovation, Development, Economic Advancement and Business
Fiscal Note Required: Yes
             
Fiscal Note
Potential future biennium Legislative cost increase - General Fund
Legislative Cost/Study
Eliminating the repeal of the Institute could result in future year costs for the Legislature. The Legislature's 2024-2025 biennial budget includes funding of $100,000 per year for the Institute that is one-time and will not be reflected in the Legislature's 2026-2027 baseline budget. While some of the funds appropriated to date may carryover into future years to fund the costs of the Institute, the Legislature will likely need 2026-2027 appropriations to fund the ongoing costs of the Institute.