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131st MAINE LEGISLATURE |
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LD 442 |
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LR 2091(02) |
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An Act Regarding
Renewable Energy Projects |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Energy, Utilities and Technology |
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Fiscal Note Required: Yes |
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| Fiscal Note |
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Legislative Cost/Study
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FY 2023-24 |
FY 2024-25 |
Projections FY 2025-26 |
Projections FY 2026-27 |
| Net Cost
(Savings) |
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General Fund |
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$20,000 |
$0 |
$0 |
$0 |
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| Appropriations/Allocations |
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General Fund |
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$20,000 |
$0 |
$0 |
$0 |
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| Legislative
Cost/Study |
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The general
operating expenses of this study are projected to be $3,750 in fiscal year
2023-24. The Legislature’s proposed budget for the 2024-2025 biennium
includes $14,500 in each of fiscal years 2023-24 and 2024-25 for the costs of
legislative studies, as well as $2,234 in projected balances from fiscal year
2022-23 and $36,777 of balances carried over from prior years for this
purpose. Whether these amounts are sufficient to fund all studies will depend
on the number of studies authorized by the Legislative Council and the
Legislature. The additional costs of providing staffing assistance to the
study during the interim can be absorbed utilizing existing budgeted staff
resources. |
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| Fiscal Detail
and Notes |
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The bill provides
a one-time appropriation of $20,000 in fiscal year 2023-24 to the Legislature
for consulting services for the Commission to Study Maine's Energy Policies.
Any additional costs to the Office of the Public Advocate or the Governor's
Energy Office from the provisions of this bill are expected to be minor and
can be absorbed within existing budgeted resources. |
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