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132nd MAINE LEGISLATURE |
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LD 1286 |
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LR 2225(02) |
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Resolve, to
Establish the Commission to Study Fostering a Positive Economic Environment
for Blockchain Technology and Cryptocurrency |
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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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| Legislative Cost/Study |
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| Legislative
Cost/Study |
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The general
operating expenses of this study are projected to be $3,050 in fiscal year
2025-26. The Legislature’s proposed budget for the 2026-2027 biennium
includes $22,196 in each of fiscal years 2025-26 and 2026-27 for the costs of
legislative studies, as well as $8,265 in projected balances from fiscal year
2024-25 and $33,073 of balances carried over from prior years for this
purpose. Whether these amounts are sufficient to fund all studies will depend
on the number of studies authorized by the Legislative Council and the
Legislature. The additional costs of providing staffing assistance to the
study during the interim can be absorbed utilizing existing budgeted staff
resources. |
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| Fiscal Detail
and Notes |
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Additional costs
to the Department of Economic and Community Development, the Bureau of
Consumer Credit Protection and the Office of Securities in the Department of
Professional and Financial Regulation and the Bureau of Revenue Services in
the Department of Administrative and Financial Services associated with
serving on the commission can be absorbed within existing budgeted resources. |
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