131st MAINE LEGISLATURE
LD 1929 LR 1086(03)
An Act to Protect Consumers by Licensing Home Building Contractors
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Innovation, Development, Economic Advancement and Business
Fiscal Note Required: Yes
             
Fiscal Note
Legislative Cost/Study
Legislative Cost/Study
The general operating expenses of this study are projected to be $3,050 in fiscal year 2024-25. The Legislature’s budget for the 2024-2025 biennium includes $14,500 in each of fiscal years 2023-24 and 2024-25 for the costs of legislative studies, as well as $38,909 of balances carried over from prior years for this purpose. Whether these amounts are sufficient to fund all studies will depend on the number of studies authorized by the Legislative Council and the Legislature. The additional costs of providing staffing assistance to the study during the interim can be absorbed utilizing existing budgeted staff resources.