LD 470 LR 272(04)
An Act to Support Lead Abatement in Older Residential Properties
Fiscal Note for Senate Amendment " " to Original Bill
Sponsor: Sen. Rotundo of Androscoggin
Fiscal Note Required: Yes
Fiscal Note
FY 2022-23 FY 2023-24 FY 2024-25 Projections  FY 2025-26 Projections  FY 2026-27
Net Cost (Savings)
General Fund ($1,000,000) ($1,000,000) ($700,000) ($1,000,000) ($1,000,000)
General Fund ($1,000,000) ($1,000,000) ($700,000) ($1,000,000) ($1,000,000)
Fiscal Detail and Notes
This bill eliminates the ongoing General Fund appropriations of $1.0 million per year beginning in fiscal year 2022-23 included in the bill to the Lead Abatement Fund within the Maine State Housing Authority (MSHA) for the abatement of lead paint hazards in residential housing and for the costs to MSHA to administer the program and instead provides a one-time General Fund appropriation of $300,000 in fiscal year 2024-25 for the same purpose.