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131st MAINE LEGISLATURE |
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LD 2280 |
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LR 3133(04) |
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An Act to
Strengthen Maine's Workforce Through Preapprenticeship Training Programs |
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Fiscal Note for
Senate Amendment " " to Committee Amendment "A" |
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Sponsor: Sen. Rotundo of Androscoggin |
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Fiscal Note Required: Yes |
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| Fiscal Note |
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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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Federal Expenditures Fund |
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$0 |
$12,000,000 |
$12,000,000 |
$0 |
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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 amendment
eliminates the 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 and,
instead, provides a one-time Federal Expenditures Fund allocation in the same
amount to the Department of Labor to authorize the expenditure of a portion
of federal funds received by the State from the Infrastructure Investment and
Jobs Act of 2021, the Inflation Reduction Act of 2022 and any other federal
Act providing new or expanded funding that is available on or after July 1,
2024 for workforce development activities, or for the creation of high wage,
in-demand jobs in apprenticeable occupations. A Federal Expenditures Fund
allocation for the same amount will be required in fiscal year 2025-26 as
well. This amendment also eliminates the one-time transfer of $12,000,000
from the unappropriated surplus of the General Fund to the Maine
Apprenticeship Program included in the bill to fund the program. |
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