131st MAINE LEGISLATURE
LD 786 LR 1660(01)
Resolve, Directing the Department of Professional and Financial Regulation to Study Financial Incentives for Plumbing and Electrical Contractor Services
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Sen. Moore of Washington
Committee: Innovation, Development, Economic Advancement and Business
Fiscal Note Required: Yes
             
Preliminary Fiscal Impact Statement
FY 2023-24 FY 2024-25 Projections  FY 2025-26 Projections  FY 2026-27
Appropriations/Allocations
Other Special Revenue Funds $20,000 $0 $0 $0
Fiscal Detail and Notes
The Office of Professional and Occupational Regulation (OPOR) within the Department of Professional and Financial Regulation will require a one-time Other Special Revenue Funds allocation of $20,000 in fiscal year 2023-24 to contract for services to study ways to give financial incentives to plumbing and electrical contractors to take more small jobs for consumers. OPOR assumes that the Plumbers' Examining Board and the Electricians' Examining Board will split the cost of the study and has indicated that both boards have sufficient budgeted resources to fund the allocation without increasing fees.