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132nd MAINE LEGISLATURE |
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LD 1658 |
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LR 418(02) |
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An Act to
Preserve and Strengthen the Fund for a Healthy Maine |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Health and Human 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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General Fund |
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$0 |
$0 |
$27,895,474 |
$29,464,796 |
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Fund for a Healthy Maine |
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$0 |
$0 |
($27,895,474) |
($29,464,796) |
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| Appropriations/Allocations |
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Other Special Revenue Funds |
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$0 |
$0 |
$27,895,474 |
$29,464,796 |
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| Revenue |
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General Fund |
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$0 |
$0 |
($27,895,474) |
($29,464,796) |
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Fund for a Healthy Maine |
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$0 |
$0 |
$27,895,474 |
$29,464,796 |
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| Fiscal Detail
and Notes |
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This bill
transfers 14% of Cigarette and Tobacco Products Tax Revenue to the Fund for a
Healthy Maine, allocating $27,895,474 beginning in fiscal year 2027-28. For
each following year the percentage of revenue transferred to the Fund for a
Healthy Maine will be increased by one percentage point, until fiscal year
2033-34 at which point a 20% revenue transfer will be maintained each year. |
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