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132nd MAINE LEGISLATURE |
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LD 1691 |
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LR 1844(03) |
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An Act to Expand
Access to Justice in Rural Maine by Incentivizing Attorneys to Practice in
Underserved Areas |
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Fiscal Note for
Bill as Engrossed with:
C "A" (H-325) |
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Committee: Education and Cultural Affairs |
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| Fiscal Note |
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| Unfunded Loan Program - Finance Authority of Maine |
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FY 2025-26 |
FY 2026-27 |
Projections FY 2027-28 |
Projections FY 2028-29 |
| Appropriations/Allocations |
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Other Special Revenue Funds |
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$500 |
$500 |
$500 |
$500 |
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| Fiscal Detail
and Notes |
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This bill
establishes the Access to Justice Loan Program to be administered by the
Finance Authority of Maine to provide loans to eligible residents of the
State who demonstrate an interest in or commitment to providing legal
services in underserved areas of the State.
No funding for the loan program is provided in the bill. This bill includes Other Special Revenue
Funds base allocations of $500 per year beginning in fiscal year 2025-26 to a
newly created Access to Justice Loan Program Revolving Fund within the
Finance Authority of Maine to authorize the expenditure of funds in the event
funds are received from public or private sources to support the loan
program. |
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This bill also
requires the University of Maine System, to the extent that sufficient funds
are available, to establish a rural practice track at the University of Maine
School of Law. The University of Maine estimates the annual cost to support 6
first-year or 2nd-year eligible law school students to be approximately
$161,780 per year. The one-time cost
to develop and implement a comprehensive marketing and communications plan is
estimated to be $120,000. According to
the University of Maine System, no funding is available for this program at
this time. |
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