LD 1004 LR 2322(03)
An Act to Allow a Qualifying Religious Organization to Self-insure for Automobile Insurance
Fiscal Note for House Amendment " " to Original Bill
Sponsor: Rep. Perry of Calais
Fiscal Note Required: Yes
Fiscal Note
FY 2023-24 FY 2024-25 Projections  FY 2025-26 Projections  FY 2026-27
Net Cost (Savings)
Highway Fund ($1,134,282) ($693,372) ($719,361) ($741,649)
Highway Fund ($1,134,282) ($693,372) ($719,361) ($741,649)
Fiscal Detail and Notes
This amendment removes the Highway Fund positions and allocations of $1,134,282 in fiscal year 2023-24 and $693,372 in fiscal year 2024-25 and creates a working group to study financial responsibility for some religious organizations.  Any additional costs to the Departments of Secretary of State and Attorney General, the Office of State Treasurer and the Bureau of Insurance can be absorbed within existing budgeted resources.