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131st MAINE LEGISLATURE |
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LD 2217 |
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LR 2613(01) |
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An Act to
Strengthen the Maine Veterans' Homes with Increased and Ongoing Funding |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Pres. Jackson of Aroostook |
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Committee: Veterans and Legal Affairs |
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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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$0 |
$3,210,240 |
$3,287,286 |
$3,366,181 |
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| Appropriations/Allocations |
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Other Special Revenue Funds |
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$0 |
$3,210,240 |
$3,287,286 |
$3,366,181 |
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| Transfers |
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General Fund |
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$0 |
($3,210,240) |
($3,287,286) |
($3,366,181) |
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Other Special Revenue Funds |
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$0 |
$3,210,240 |
$3,287,286 |
$3,366,181 |
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| Fiscal Detail
and Notes |
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The Department of
Health and Human Services will require General Fund allocations of $3,210,240
in fiscal year 2024-25 for payment to the Maine Veterans' Homes to support
ongoing operations. The bill also requires a transfer from the General Fund
to the Department of Health and Human Services, Nursing Facilities-MVH Other
Special Revenue Funds account to fund the allocation for payment to the Maine
Veterans' Homes to support ongoing operations. The transfer amount must be
increased annually by the increase in the cost of living. |
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