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132nd MAINE LEGISLATURE |
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LD 629 |
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LR 992(01) |
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An Act to Restore
Matching Funding to the Maine Development Foundation |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Rep. Roberts of South Berwick |
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Committee: Housing and Economic Development |
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Fiscal Note Required: Yes |
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Preliminary
Fiscal Impact Statement |
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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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$500,000 |
$500,000 |
$500,000 |
$500,000 |
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Appropriations/Allocations |
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General Fund |
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$500,000 |
$500,000 |
$500,000 |
$500,000 |
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Fiscal Detail
and Notes |
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This bill
includes ongoing General Fund appropriations of $500,000 per year beginning
in fiscal year 2025-26 to the Maine Development Foundation to restore
matching funds for private contributions to support the foundation's
initiatives across the State. |
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