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132nd MAINE LEGISLATURE |
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LD 918 |
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LR 891(02) |
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An Act to Allow a
Qualifying Religious Organization to Self-insure for Automobile Insurance |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Health Coverage, Insurance and
Financial Services |
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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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Highway Fund |
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$1,813,791 |
$941,798 |
$970,201 |
$999,513 |
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| Appropriations/Allocations |
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Highway Fund |
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$1,813,791 |
$941,798 |
$970,201 |
$999,513 |
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| Fiscal Detail
and Notes |
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The bill includes
Highway Fund allocations of $1,813,791 in fiscal year 2025-26 and $941,798 in
fiscal year 2026-27 to the Department of Secretary of State to establish one
Public Service Manager II position, two Public Service Coordinator I
positions, one Assistant Risk Assessor position, one Attorney position, one
Office Specialist I position and related All Other costs to establish a
program to evaluate the ability of qualifying religious organizations to
self-insure motor vehicles. |
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Additional costs
to the Office of Treasurer associated with this legislation are expected to
be minor and can be absorbed within existing budgeted resources. |
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