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132nd MAINE LEGISLATURE |
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LD 1533 |
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LR 1730(01) |
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An Act to Ensure
the Retention of R1 Research Institution Status by the University of Maine |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Sen. Tipping of Penobscot |
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Committee: Education and Cultural Affairs |
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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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$2,686,441 |
$5,372,883 |
$8,059,324 |
$10,745,766 |
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| Appropriations/Allocations |
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General Fund |
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$2,686,441 |
$5,372,883 |
$8,059,324 |
$10,745,766 |
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| Fiscal Detail
and Notes |
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This bill
includes ongoing General Fund appropriations of $2,686,441 in fiscal year
2025-26 and $5,372,883 in fiscal year 2026-27 to the University of Maine
System to support an additional 25 graduate students per year in research
graduate programs until each student completes the student's program. |
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