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132nd MAINE LEGISLATURE |
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LD 743 |
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LR 865(01) |
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An Act to
Increase the Availability and Affordability of Health Care by Eliminating
Certificate of Need Requirements |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Rep. Libby of Auburn |
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Committee: Health Coverage, Insurance and
Financial Services |
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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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$4,547,375 |
$4,573,557 |
$4,573,557 |
$4,573,557 |
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| Appropriations/Allocations |
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General Fund |
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$4,547,375 |
$4,573,557 |
$4,573,557 |
$4,573,557 |
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Federal Expenditures Fund |
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$8,472,145 |
$8,445,963 |
$8,445,963 |
$8,445,963 |
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Other Special Revenue Funds |
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$472,980 |
$468,863 |
$468,863 |
$468,863 |
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| Revenue |
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Federal Expenditures Fund |
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$8,472,145 |
$8,445,963 |
$8,445,963 |
$8,445,963 |
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Other Special Revenue Funds |
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$634,161 |
$634,161 |
$634,161 |
$634,161 |
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| Fiscal Detail
and Notes |
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The Department of
Health and Human Services will require General Fund appropriations of
$4,547,375 in fiscal year 2025-26 and $4,573,557 in fiscal year 2026-27 due
to the elimination of the certificate of need process. Federal Expenditures
Fund allocations will also be required for the FMAP match and Other Special
Revenue Funds allocations for the Nursing Facility Tax. |
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