131st MAINE LEGISLATURE
LD 1139 LR 1154(01)
An Act to Improve Ferry Service Reliability by Providing Scholarships at the Maine Maritime Academy
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Sen. Curry of Waldo
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 $178,750 $178,750 $178,750 $178,750
Appropriations/Allocations
General Fund $178,750 $178,750 $178,750 $178,750
Fiscal Detail and Notes
This bill includes ongoing General Fund appropriations totaling $178,750 per year beginning in fiscal year 2023-24 to Maine Maritime Academy to support a worforce development scholarship program to assist students in earning the initial credits necessary to work at the Maine State Ferry Service.  Of this amount, $143,750 per year is appropriated for scholarships to students earning the initial credits necessary to work at the Maine State Ferry Service and $35,000 per year is appropriated for the marketing of the scholarship program.