132nd MAINE LEGISLATURE
LD 629 LR 992(01)
An Act to Restore Matching Funding to the Maine Development Foundation
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Rep. Roberts of South Berwick
Committee: Housing and Economic Development
Fiscal Note Required: Yes
             
Preliminary Fiscal Impact Statement
FY 2025-26 FY 2026-27 Projections  FY 2027-28 Projections  FY 2028-29
Net Cost (Savings)
General Fund $500,000 $500,000 $500,000 $500,000
Appropriations/Allocations
General Fund $500,000 $500,000 $500,000 $500,000
Fiscal Detail and Notes
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.