131st MAINE LEGISLATURE
LD 2280 LR 3133(02)
An Act to Strengthen Maine's Workforce Through Preapprenticeship Training Programs
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Labor and Housing
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 $0 $12,000,000 $0 $0
Appropriations/Allocations
Other Special Revenue Funds $0 $12,000,000 $125,626 $129,770
Transfers
General Fund $0 ($12,000,000) $0 $0
Other Special Revenue Funds $0 $12,000,000 $0 $0
Fiscal Detail and Notes
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 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.