131st MAINE LEGISLATURE
		LD 2174		LR 2796(04)
	An Act to Protect Consumers from Predatory Medical Credit Card Providers
	Fiscal Note for Senate Amendment " " to Committee Amendment "A"
	Sponsor: Pres. Jackson of Aroostook
	Fiscal Note Required: Yes
Fiscal Note
			FY 2023-24	FY 2024-25	Projections  FY 2025-26	Projections  FY 2026-27
Appropriations/Allocations
	Other Special Revenue Funds		$0	($95,480)	($97,093)	($102,553)
Fiscal Detail and Notes
	This amendment removes multiple prohibitions on a health care provider related to arranging for or establishing an application for open-end credit or loan product that contains a deferred interest rate, accepting payment for the costs of health care services using an open-end credit or loan product that contains a deferred interest rate or advertising or promoting an open-end credit or loan product as having a zero interest rate if the open-end credit or loan product has a deferred interest rate. Removal of these provisions eliminates the need for one Consumer Credit Examiner position to examine health care providers to ensure compliance with open-end credit and loan requirements. The position and the allocation for the position are removed.