132nd MAINE LEGISLATURE
LD 1282 LR 1423(01)
An Act Regarding Eligibility for Historic Preservation Bond Proceeds
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Sen. Hickman of Kennebec
Committee: Education and Cultural Affairs
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 $25,000 $25,000 $25,000 $25,000
Appropriations/Allocations
General Fund $25,000 $25,000 $25,000 $25,000
Fiscal Detail and Notes
The Maine Historic Preservation Commission has indicated that it will require ongoing General Fund appropriations of $25,000 per year beginning in fiscal year 2025-26 for the additional administrative costs associated with expanding eligibility for grants for the preservation and restoration of historic properties to allow for properties that have been designated as historic properties by municipal historic preservation ordinances.