LD 1718 LR 730(02)
An Act to Encourage Participation in Maine's Essential Support Workforce Through Access to Higher Education
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Innovation, Development, Economic Advancement and Business
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 $60,000 $500,000 $500,000 $500,000
General Fund $60,000 $500,000 $500,000 $500,000
Fiscal Detail and Notes
This bill includes a General Fund appropriation of $60,000 in fiscal year 2023-24 and ongoing General Fund appropriations of $500,000 per year beginning in fiscal year 2024-25 to a newly created Essential Support Worker Tuition Grant Fund within the Finance Authority of Maine (FAME) to provide education vouchers to eligible workers or to a member of the eligible worker's family.  The bill  provides that the cost to FAME to maintain, service and administer the fund and the program may be paid out of amounts in the fund.