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131st MAINE LEGISLATURE |
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LD 1517 |
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LR 2215(02) |
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An Act to Create
Equity in the State's Cannabis Industry |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Veterans and Legal Affairs |
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Fiscal Note Required: Yes |
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| Fiscal Note |
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FY 2023-24 |
FY 2024-25 |
Projections FY 2025-26 |
Projections FY 2026-27 |
| Appropriations/Allocations |
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Other Special Revenue Funds |
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$0 |
$517,142 |
$392,943 |
$170,918 |
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| Transfers |
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Other Special Revenue Funds |
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$0 |
$0 |
$0 |
$0 |
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| Fiscal Detail
and Notes |
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This bill
includes Other Special Revenue Funds allocations totaling $517,142 in fiscal
year 2024-25 for the costs associated with implementing the requirements of
this legislation. |
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Of this amount, a
one-time Other Special Revenue Funds allocation to the Department of
Administrative and Financial Services of $128,307 in fiscal year 2024-25 is
included for a Cannabis Business Advocate position effective from August 1,
2024 through July 31, 2026 to assist businesses participating in the Cannabis
Legalization Act and the Maine Medical Use Cannabis Act. |
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Additionally, an
ongoing Other Special Revenue Funds allocation of $300,000 in fiscal year
2024-25 to a newly created Social Equity Program within the Department of
Economic and Community Development is included for the costs associated with
implementing and administering a program to increase workforce development
programs and provide support to businesses owned by or individuals who are
members of impacted communities. The
department will require ongoing Other Special Revenue Funds allocations of
$150,000 per year beginning in fiscal year 2025-26 for the ongoing costs of
the program. Transfers of $300,000 in
fiscal year 2024-25 and $150,000 per year thereafter are provided from the
Adult Use Cannabis Public Health and Safety Municipal Opt-In Fund to fund the
allocations. |
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Finally, a
one-time Other Special Revenue Funds allocation of $88,835 in fiscal year
2024-25 to the Maine Apprenticeship Program within the Department of Labor is
included to establish one limited-period CareerCenter Consultant position
effective August 1, 2024 through July 31, 2026 to increase access to
workforce development opportunities for impacted communities. The department will require Other Special
Revenue Funds allocations of $99,163 in fiscal year 2025-26 and $8,533 in
fiscal year 2026-27 to support the cost of the position through July of
2026. Corresponding transfers are
provided from the Adult Use Cannabis Public Health and Safety Municipal
Opt-In Fund to fund the allocations. |
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