131st MAINE LEGISLATURE
LD 1139 LR 1154(02)
An Act to Improve Ferry Service Reliability by Providing Scholarships at the Maine Maritime Academy
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Education and Cultural Affairs
Fiscal Note Required: Yes
             
Fiscal Note
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 workforce development scholarship program to assist students in earning the initial credits necessary to work for a state, municipal, private or quasi-public ferry service operator located in and serving residents of the State.  Of this amount, $143,750 per year is appropriated for scholarships and $35,000 per year is appropriated for the marketing of the scholarship program.