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131st MAINE LEGISLATURE |
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LD 2280 |
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LR 3133(01) |
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An Act to
Strengthen Maine's Workforce Through Preapprenticeship Training Programs |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Sen. Tipping of Penobscot |
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Committee: Labor and Housing |
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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 |
$12,000,000 |
$0 |
$0 |
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| Appropriations/Allocations |
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Other Special Revenue Funds |
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$0 |
$12,000,000 |
$125,626 |
$129,770 |
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| Transfers |
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General Fund |
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$0 |
($12,000,000) |
$0 |
$0 |
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Other Special Revenue Funds |
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$0 |
$12,000,000 |
$0 |
$0 |
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| Fiscal Detail
and Notes |
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This bill
includes Other Special Revenue Funds allocations totaling $12,000,000 in
fiscal year 2024-25 to the Maine Apprenticeship Program within the Department
of Labor to support registered preapprenticeship training programs. Of this amount, $11,887,635 is allocated on
a one-time basis for grants to support the training programs and $112,365 is
allocated on an ongoing basis for one Program Manager Employment &
Training position and related All Other costs to administer the grant
program. A one-time transfer of
$12,000,000 from the unappropriated surplus of the General Fund to the Maine
Apprenticeship Program is provided in fiscal year 2024-25 to fund the
program. |
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