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131st MAINE LEGISLATURE |
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LD 1554 |
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LR 678(01) |
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An Act to Repeal
Certificate of Need Requirements for Health Care Providers |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Sen. Brakey of Androscoggin |
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Committee: Health Coverage, Insurance and
Financial Services |
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Fiscal Note Required: Yes |
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| Preliminary
Fiscal Impact Statement |
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FY 2023-24 |
FY 2024-25 |
Projections FY 2025-26 |
Projections FY 2026-27 |
| Net Cost
(Savings) |
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General Fund |
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$3,570,293 |
$3,710,373 |
$3,712,707 |
$3,712,707 |
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| Appropriations/Allocations |
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General Fund |
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$3,570,293 |
$3,710,373 |
$3,712,707 |
$3,712,707 |
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Federal Expenditures Fund |
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$7,448,736 |
$7,308,656 |
$7,306,322 |
$7,306,322 |
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Other Special Revenue Funds |
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$381,446 |
$379,668 |
$379,668 |
$379,668 |
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| Revenue |
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Federal Expenditures Fund |
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$7,448,736 |
$7,308,656 |
$7,306,322 |
$7,306,322 |
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Other Special Revenue Funds |
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$381,446 |
$379,668 |
$379,668 |
$379,668 |
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| Fiscal Detail
and Notes |
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The Department of
Health and Human Services will require General Fund appropriations of
$3,570,293 in fiscal year 2023-24 and $3,710,373 in fiscal year 2024-25 due
to the elimination of the certificate of need process. Federal Expenditures
Fund allocations will also be required for the FMAP match and Other Special
Revenue Funds allocations for the Service Provider Tax. |
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