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132nd MAINE LEGISLATURE |
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LD 698 |
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LR 205(05) |
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An Act to Sustain
Emergency Homeless Shelters in Maine |
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Fiscal Note for
Senate Amendment " " to Original Bill |
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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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($5,000,000) |
($5,000,000) |
($5,000,000) |
($5,000,000) |
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| Appropriations/Allocations |
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General Fund |
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($527,000) |
($5,000,000) |
($5,000,000) |
($5,000,000) |
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Other Special Revenue Funds |
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($4,473,000) |
$0 |
$0 |
$0 |
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| Revenue |
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General Fund |
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$4,473,000 |
$0 |
$0 |
$0 |
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Other Special Revenue Funds |
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($4,473,000) |
$0 |
$0 |
$0 |
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| Fiscal Detail
and Notes |
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This amendment
eliminates the ongoing General Fund appropriations in the bill of $5,000,000
per year beginning in fiscal year 2025-26 and instead provides a one-time
General Fund appropriation of $4,473,000 in fiscal year 2025-26 only. It also requires the State Controller to
deposit into the unappropriated surplus of the General Fund $1,491,000 in
revenue that would have been transferred into the Housing First Program
within the Department of Health and Human Services and $2,982,000 in revenue
that would have been transferred into the Housing Opportunities for Maine
Fund within the Maine State Housing Authority in fiscal year 2025-26 as a
result of the increase in the Real Estate Transfer Tax enacted in Public Law
2025, chapter 388, Part V. |
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