132nd MAINE LEGISLATURE
LD 381 LR 601(01)
An Act to Enable Mortgage Portability and Promote Housing Affordability in the State
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Sen. Martin of Oxford
Committee: Health Coverage, Insurance and Financial Services
Fiscal Note Required: Yes
             
Preliminary Fiscal Impact Statement
FY 2025-26 FY 2026-27 Projections  FY 2027-28 Projections  FY 2028-29
Appropriations/Allocations
Other Special Revenue Funds $18,000 $0 $0 $0
Fiscal Detail and Notes
The Bureau of Consumer Credit Protection within the Department of Professional and Financial Regulation will require a one-time Other Special Revenue Funds allocation of $18,000 in fiscal year 2025-26 for contractual services to develop rules for mortgage porting.