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132nd MAINE LEGISLATURE |
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LD 580 |
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LR 727(01) |
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An Act to Protect
Maine Consumers by Prohibiting Fees Charged for Receiving Paper Statements
from Financial Institutions and Credit Card Issuers |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Sen. Bailey of York |
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Committee: Health Coverage, Insurance and
Financial Services |
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Fiscal Note Required: No |
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| Preliminary
Fiscal Impact Statement |
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Minor cost increase - General Fund
Minor revenue increase - General Fund
Minor cost increase - Other Special Revenue Funds |
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| Correctional
and Judicial Impact Statements |
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This bill may
increase the number of civil suits filed in the court system. The additional
workload associated with the minimal number of new cases does not require
additional funding at this time. The collection of additional fines and
filing fees will increase General Fund or other dedicated revenue by minor
amounts. |
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| Fiscal Detail
and Notes |
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Any additional
costs to the Department of Professional and Financial Regulation to adopt the
changes in this bill are expected to be minor and can be absorbed within
existing budgeted resources. |
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