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132nd MAINE LEGISLATURE |
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LD 1016 |
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LR 2156(02) |
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An Act to
Establish the Manufactured Housing Community and Mobile Home Park
Preservation and Assistance Fund |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Housing and Economic Development |
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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 |
Appropriations/Allocations |
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Other Special Revenue Funds |
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$500 |
$500 |
$500 |
$500 |
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Fiscal Detail
and Notes |
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This bill includes
base Other Special Revenue Funds allocations of $500 per year beginning in
fiscal year 2025-26 to a newly created Manufactured Housing Community and
Mobile Home Park Preservation and Assistance Fund within the Maine State
Housing Authority to authorize expenditures to support ownership of manufactured housing communities and mobile
home parks by owners of manufactured homes and mobile homes. The amount of revenue to be deposited into
the fund from the $10,000 fee for each manufactured community lot or mobile
home park lot paid by certain buyers of manufactured housing communities and
mobile home parks can not be estimated at this time. |
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Any additional
costs to the Office of the Treasurer of the State from the provisions of this
bill are expected to be minor and can be absorbed within existing budgeted
resources. |
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