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132nd MAINE LEGISLATURE |
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LD 355 |
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LR 337(04) |
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An Act to Advance
the Maine Retirement Savings Program |
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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 2025-26 |
FY 2026-27 |
Projections FY 2027-28 |
Projections FY 2028-29 |
| Net Cost
(Savings) |
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General Fund |
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($350,000) |
($275,000) |
$0 |
$0 |
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| Appropriations/Allocations |
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Maine Retirement Savings
Program Enterprise Fund |
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($350,000) |
$350,000 |
$0 |
$0 |
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| Transfers |
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General Fund |
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$350,000 |
$275,000 |
$0 |
$0 |
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Other Special Revenue Funds |
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$0 |
($625,000) |
$0 |
$0 |
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Maine Retirement Savings
Program Enterprise Fund |
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($350,000) |
$350,000 |
$0 |
$0 |
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| Fiscal Detail
and Notes |
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This amendment
replaces the General Fund transfers of $350,000 in fiscal year 2025-26 and
$275,000 in fiscal year 2026-27 with a one-time transfer from Other Special
Revenue Funds of $625,000 in fiscal year 2026-27. The amendment also removes
the allocation to the Maine Retirement Savings Program Enterprise Fund in
fiscal year 2025-26 and increases the allocation in fiscal year 2026-27 to
$625,000.
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