131st MAINE LEGISLATURE
LD 447 LR 1290(01)
An Act to Support Higher Education in Maine by Providing Funds to Maine's Community Colleges
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Sen. Daughtry of Cumberland
Committee: Education and Cultural Affairs
Fiscal Note Required: Yes
             
Preliminary Fiscal Impact Statement
FY 2023-24 FY 2024-25 Projections  FY 2025-26 Projections  FY 2026-27
Net Cost (Savings)
General Fund $5,000,000 $5,000,000 $5,000,000 $5,000,000
Appropriations/Allocations
General Fund $5,000,000 $5,000,000 $5,000,000 $5,000,000
Fiscal Detail and Notes
This bill includes ongoing General Fund appropriations of $5,000,000 per year beginning in fiscal year 2023-24 to the Maine Community College System to support students' learning and completion for a credential of value.