132nd MAINE LEGISLATURE
LD 1658 LR 418(02)
An Act to Preserve and Strengthen the Fund for a Healthy Maine
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Health and Human Services
Fiscal Note Required: Yes
             
Fiscal Note
FY 2025-26 FY 2026-27 Projections  FY 2027-28 Projections  FY 2028-29
Net Cost (Savings)
General Fund $0 $0 $27,895,474 $29,464,796
Fund for a Healthy Maine $0 $0 ($27,895,474) ($29,464,796)
Appropriations/Allocations
Other Special Revenue Funds $0 $0 $27,895,474 $29,464,796
Revenue
General Fund $0 $0 ($27,895,474) ($29,464,796)
Fund for a Healthy Maine $0 $0 $27,895,474 $29,464,796
Fiscal Detail and Notes
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.